Back to Propositions Search
Proposition AMidway ISDb (McLennan County)
PASSEDMidway ISDb 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 Midway ISDb Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 6,077 (62.0%)AGAINST: 3,725 (38.0%)
Total Ballots Cast on Proposition: 9,802
Authorized Bond Debt
$13.6M
Total 30-Yr Repayment
$20.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Midway ISDb to issue $13,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MIDWAY ISDB, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.