Back to Propositions Search
Proposition ATOM BEAN ISD (Grayson County)
PASSEDTOM BEAN ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 TOM BEAN ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 84 (53.9%)AGAINST: 72 (46.1%)
Total Ballots Cast on Proposition: 156
Authorized Bond Debt
$2.2M
Total 30-Yr Repayment
$3.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes TOM BEAN ISD to issue $2,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TOM BEAN ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.