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Proposition AVERNON ISD (Wilbarger County)
PASSEDVERNON ISD 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 VERNON ISD Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 178 (54.9%)AGAINST: 146 (45.1%)
Total Ballots Cast on Proposition: 324
Authorized Bond Debt
$4.2M
Total 30-Yr Repayment
$6.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes VERNON ISD to issue $4,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VERNON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.