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Proposition AFORT WORTH ISD (Tarrant County)
FAILEDFORT WORTH ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 FORT WORTH ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 6,122 (46.0%)AGAINST: 7,187 (54.0%)
Total Ballots Cast on Proposition: 13,309
Authorized Bond Debt
$239.9M
Total 30-Yr Repayment
$364.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FORT WORTH ISD to issue $239,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $239,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FORT WORTH ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.