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Proposition ASEYMOUR ISD (Baylor County)
PASSEDSEYMOUR ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 SEYMOUR ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 71 (59.2%)AGAINST: 49 (40.8%)
Total Ballots Cast on Proposition: 120
Authorized Bond Debt
$1.6M
Total 30-Yr Repayment
$2.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SEYMOUR ISD to issue $1,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SEYMOUR ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.