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Proposition AGARLAND ISD (Dallas County)
PASSEDGARLAND ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 GARLAND ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 5,301 (61.0%)AGAINST: 3,389 (39.0%)
Total Ballots Cast on Proposition: 8,690
Authorized Bond Debt
$167.8M
Total 30-Yr Repayment
$255.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GARLAND ISD to issue $167,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $167,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GARLAND ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.