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Proposition ALIVINGSTON ISD (Polk County)
FAILEDLIVINGSTON ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 LIVINGSTON ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 275 (46.0%)AGAINST: 323 (54.0%)
Total Ballots Cast on Proposition: 598
Authorized Bond Debt
$7.5M
Total 30-Yr Repayment
$11.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LIVINGSTON ISD to issue $7,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LIVINGSTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.