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Proposition AROYSE CITY ISD (Rockwall County)
PASSEDROYSE CITY ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 ROYSE CITY ISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 1,141 (55.0%)AGAINST: 934 (45.0%)
Total Ballots Cast on Proposition: 2,075
Authorized Bond Debt
$43.4M
Total 30-Yr Repayment
$66.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ROYSE CITY ISD to issue $43,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $43,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ROYSE CITY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.