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Proposition ASHELBYVILLE ISD (Shelby County)
PASSEDSHELBYVILLE ISD 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 SHELBYVILLE ISD Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 97 (61.0%)AGAINST: 62 (39.0%)
Total Ballots Cast on Proposition: 159
Authorized Bond Debt
$1.7M
Total 30-Yr Repayment
$2.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SHELBYVILLE ISD to issue $1,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SHELBYVILLE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.