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Proposition ACANTON ISD (Van zandt County)
PASSEDCANTON ISD 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 CANTON ISD Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 248 (57.9%)AGAINST: 180 (42.1%)
Total Ballots Cast on Proposition: 428
Authorized Bond Debt
$9.2M
Total 30-Yr Repayment
$14.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CANTON ISD to issue $9,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $9,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CANTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.