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Proposition ARICHARDSON ISD (Dallas County)
PASSEDRICHARDSON ISD 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 RICHARDSON ISD Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 2,513 (60.0%)AGAINST: 1,675 (40.0%)
Total Ballots Cast on Proposition: 4,188
Authorized Bond Debt
$102.2M
Total 30-Yr Repayment
$155.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes RICHARDSON ISD to issue $102,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $102,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR RICHARDSON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.