Back to Propositions Search
Proposition ASTANTON ISD (Martin County)
FAILEDSTANTON ISD 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 STANTON ISD Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 60 (48.4%)AGAINST: 64 (51.6%)
Total Ballots Cast on Proposition: 124
Authorized Bond Debt
$4.8M
Total 30-Yr Repayment
$7.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes STANTON ISD to issue $4,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR STANTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.