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Proposition APEASTER ISD (Parker County)
FAILEDPEASTER ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 PEASTER ISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 135 (48.0%)AGAINST: 146 (52.0%)
Total Ballots Cast on Proposition: 281
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 PEASTER 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 PEASTER ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.