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Proposition AGUNTER ISD (Grayson County)
FAILEDGUNTER ISD 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 GUNTER ISD Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 100 (47.2%)AGAINST: 112 (52.8%)
Total Ballots Cast on Proposition: 212
Authorized Bond Debt
$5.7M
Total 30-Yr Repayment
$8.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GUNTER ISD to issue $5,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GUNTER ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.