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Proposition AGRAPE CREEK ISD (Tom green County)
PASSEDGRAPE CREEK ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 GRAPE CREEK ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 64 (53.3%)AGAINST: 56 (46.7%)
Total Ballots Cast on Proposition: 120
Authorized Bond Debt
$4.4M
Total 30-Yr Repayment
$6.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GRAPE CREEK ISD to issue $4,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GRAPE CREEK ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.