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Proposition ANEWTON ISD (Newton County)
PASSEDNEWTON ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 NEWTON ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 119 (59.8%)AGAINST: 80 (40.2%)
Total Ballots Cast on Proposition: 199
Authorized Bond Debt
$5.3M
Total 30-Yr Repayment
$8.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NEWTON ISD to issue $5,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NEWTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.