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Proposition APREMIER HIGH SCHOOLS (Erath County)
FAILEDPREMIER HIGH SCHOOLS 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 PREMIER HIGH SCHOOLS Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 434 (48.0%)AGAINST: 470 (52.0%)
Total Ballots Cast on Proposition: 904
Authorized Bond Debt
$12.8M
Total 30-Yr Repayment
$19.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PREMIER HIGH SCHOOLS to issue $12,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $12,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PREMIER HIGH SCHOOLS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.