Back to Propositions Search
Proposition AGREENWOOD ISD (Midland County)
FAILEDGREENWOOD ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 GREENWOOD ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 362 (49.0%)AGAINST: 377 (51.0%)
Total Ballots Cast on Proposition: 739
Authorized Bond Debt
$10.1M
Total 30-Yr Repayment
$15.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GREENWOOD ISD to issue $10,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GREENWOOD ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.