Back to Propositions Search
Proposition ANACOGDOCHES ISD (Nacogdoches County)
PASSEDNACOGDOCHES ISD 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 NACOGDOCHES ISD Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 395 (50.1%)AGAINST: 394 (49.9%)
Total Ballots Cast on Proposition: 789
Authorized Bond Debt
$12.4M
Total 30-Yr Repayment
$18.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NACOGDOCHES ISD to issue $12,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $12,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NACOGDOCHES ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.