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Proposition AMOUNT PLEASANT ISD (Titus County)
PASSEDMOUNT PLEASANT ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 MOUNT PLEASANT ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 317 (58.0%)AGAINST: 230 (42.0%)
Total Ballots Cast on Proposition: 547
Authorized Bond Debt
$15.0M
Total 30-Yr Repayment
$22.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MOUNT PLEASANT ISD to issue $15,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $15,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MOUNT PLEASANT ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.