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Proposition AROCKWALL ISD (Rockwall County)
PASSEDROCKWALL ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 ROCKWALL ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 1,665 (58.0%)AGAINST: 1,205 (42.0%)
Total Ballots Cast on Proposition: 2,870
Authorized Bond Debt
$35.0M
Total 30-Yr Repayment
$53.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ROCKWALL ISD to issue $35,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $35,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ROCKWALL ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.