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Proposition ALEVELLAND ISD (Hockley County)
FAILEDLEVELLAND ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 LEVELLAND ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 143 (46.0%)AGAINST: 168 (54.0%)
Total Ballots Cast on Proposition: 311
Authorized Bond Debt
$8.3M
Total 30-Yr Repayment
$12.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LEVELLAND ISD to issue $8,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LEVELLAND ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.