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Proposition ACARROLLTON-FARMERS BRANCH ISD (Dallas County)
PASSEDCARROLLTON-FARMERS BRANCH ISD 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 CARROLLTON-FARMERS BRANCH ISD Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 2,993 (62.0%)AGAINST: 1,834 (38.0%)
Total Ballots Cast on Proposition: 4,827
Authorized Bond Debt
$49.0M
Total 30-Yr Repayment
$74.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CARROLLTON-FARMERS BRANCH ISD to issue $49,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $49,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CARROLLTON-FARMERS BRANCH ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.