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Proposition AWHITESBORO ISD (Grayson County)
PASSEDWHITESBORO ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 WHITESBORO ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 162 (52.1%)AGAINST: 149 (47.9%)
Total Ballots Cast on Proposition: 311
Authorized Bond Debt
$3.7M
Total 30-Yr Repayment
$5.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes WHITESBORO ISD to issue $3,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR WHITESBORO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.