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Proposition ASABINE ISD (Gregg County)
PASSEDSABINE ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 SABINE ISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 102 (53.1%)AGAINST: 90 (46.9%)
Total Ballots Cast on Proposition: 192
Authorized Bond Debt
$5.1M
Total 30-Yr Repayment
$7.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SABINE ISD to issue $5,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SABINE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.