DAINGERFIELD-LONE STAR ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition

May 2016 DAINGERFIELD-LONE STAR ISD Uniform General & Special Election • Canvassed on 2016-05-07

Official Certified Canvass Outcome

FOR: 100 (59.2%)AGAINST: 69 (40.8%)

Total Ballots Cast on Proposition: 169

Authorized Bond Debt

$3.8M

Total 30-Yr Repayment

$5.8M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes DAINGERFIELD-LONE STAR ISD to issue $3,800,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $3,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DAINGERFIELD-LONE STAR ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF