Back to Propositions Search
Proposition ALAKE WORTH ISD (Tarrant County)
PASSEDLAKE WORTH ISD 2017 Capital Infrastructure & Facility Improvement Bond Proposition
May 2017 LAKE WORTH ISD Uniform General & Special Election • Canvassed on 2017-05-06
Official Certified Canvass Outcome
FOR: 280 (52.0%)AGAINST: 259 (48.0%)
Total Ballots Cast on Proposition: 539
Authorized Bond Debt
$13.0M
Total 30-Yr Repayment
$19.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LAKE WORTH ISD to issue $13,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LAKE WORTH ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.