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Proposition AMCGREGOR ISD (Mclennan County)
PASSEDMCGREGOR ISD 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 MCGREGOR ISD Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 138 (53.9%)AGAINST: 118 (46.1%)
Total Ballots Cast on Proposition: 256
Authorized Bond Debt
$5.0M
Total 30-Yr Repayment
$7.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MCGREGOR ISD to issue $5,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MCGREGOR ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.