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Proposition AVEGA ISD (Oldham County)
PASSEDVEGA ISD 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 VEGA ISD Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 73 (59.8%)AGAINST: 49 (40.2%)
Total Ballots Cast on Proposition: 122
Authorized Bond Debt
$2.1M
Total 30-Yr Repayment
$3.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes VEGA ISD to issue $2,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VEGA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.