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Proposition AMELISSA ISD (Collin County)
FAILEDMELISSA ISD 2017 Capital Infrastructure & Facility Improvement Bond Proposition
May 2017 MELISSA ISD Uniform General & Special Election • Canvassed on 2017-05-06
Official Certified Canvass Outcome
FOR: 686 (49.0%)AGAINST: 715 (51.0%)
Total Ballots Cast on Proposition: 1,401
Authorized Bond Debt
$30.7M
Total 30-Yr Repayment
$46.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MELISSA ISD to issue $30,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $30,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MELISSA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.