Back to Propositions Search
Proposition AARP ISD (Smith County)
PASSEDARP ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 ARP ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 83 (50.9%)AGAINST: 80 (49.1%)
Total Ballots Cast on Proposition: 163
Authorized Bond Debt
$3.6M
Total 30-Yr Repayment
$5.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ARP ISD to issue $3,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ARP ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.