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Proposition AALVARADO ISD (Johnson County)
PASSEDALVARADO ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 ALVARADO ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 368 (54.0%)AGAINST: 313 (46.0%)
Total Ballots Cast on Proposition: 681
Authorized Bond Debt
$13.3M
Total 30-Yr Repayment
$20.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ALVARADO ISD to issue $13,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ALVARADO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.