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Proposition AAMARILLO ISD (Potter County)
PASSEDAMARILLO ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 AMARILLO ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 1,863 (51.0%)AGAINST: 1,790 (49.0%)
Total Ballots Cast on Proposition: 3,653
Authorized Bond Debt
$90.9M
Total 30-Yr Repayment
$138.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes AMARILLO ISD to issue $90,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $90,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR AMARILLO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.