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Proposition ADENISON ISD (Grayson County)
PASSEDDENISON ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 DENISON ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 343 (53.0%)AGAINST: 304 (47.0%)
Total Ballots Cast on Proposition: 647
Authorized Bond Debt
$14.8M
Total 30-Yr Repayment
$22.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes DENISON ISD to issue $14,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $14,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DENISON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.