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Proposition AGRAND PRAIRIE ISD (Dallas County)
PASSEDGRAND PRAIRIE ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 GRAND PRAIRIE ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 2,214 (51.0%)AGAINST: 2,128 (49.0%)
Total Ballots Cast on Proposition: 4,342
Authorized Bond Debt
$76.3M
Total 30-Yr Repayment
$116.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GRAND PRAIRIE ISD to issue $76,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $76,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GRAND PRAIRIE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.