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Proposition AHONEY GROVE ISD (Fannin County)
PASSEDHONEY GROVE ISD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 HONEY GROVE ISD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 85 (59.9%)AGAINST: 57 (40.1%)
Total Ballots Cast on Proposition: 142
Authorized Bond Debt
$2.0M
Total 30-Yr Repayment
$3.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes HONEY GROVE ISD to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HONEY GROVE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.