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Proposition AEAGLE MT-SAGINAW ISD (Tarrant County)
FAILEDEAGLE MT-SAGINAW ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 EAGLE MT-SAGINAW ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 2,293 (48.0%)AGAINST: 2,485 (52.0%)
Total Ballots Cast on Proposition: 4,778
Authorized Bond Debt
$90.4M
Total 30-Yr Repayment
$137.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes EAGLE MT-SAGINAW ISD to issue $90,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $90,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EAGLE MT-SAGINAW ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.