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Proposition AEAGLE MT-SAGINAW ISD (Tarrant County)
FAILEDEAGLE MT-SAGINAW ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 EAGLE MT-SAGINAW ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 1,819 (48.0%)AGAINST: 1,971 (52.0%)
Total Ballots Cast on Proposition: 3,790
Authorized Bond Debt
$50.9M
Total 30-Yr Repayment
$77.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes EAGLE MT-SAGINAW ISD to issue $50,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $50,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EAGLE MT-SAGINAW ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.