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Proposition ACELINA ISD (Collin County)
FAILEDCELINA ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 CELINA ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 560 (48.0%)AGAINST: 607 (52.0%)
Total Ballots Cast on Proposition: 1,167
Authorized Bond Debt
$20.4M
Total 30-Yr Repayment
$31.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CELINA ISD to issue $20,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $20,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CELINA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.