Back to Propositions Search
Proposition AIDALOU ISD (Lubbock County)
PASSEDIDALOU ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 IDALOU ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 118 (53.9%)AGAINST: 101 (46.1%)
Total Ballots Cast on Proposition: 219
Authorized Bond Debt
$3.9M
Total 30-Yr Repayment
$5.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes IDALOU ISD to issue $3,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR IDALOU ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.