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Proposition AMEXIA ISD (Limestone County)
FAILEDMEXIA ISD 2023 Capital Infrastructure & Facility Improvement Bond Proposition
May 2023 MEXIA ISD Uniform General & Special Election • Canvassed on 2023-05-06
Official Certified Canvass Outcome
FOR: 145 (45.9%)AGAINST: 171 (54.1%)
Total Ballots Cast on Proposition: 316
Authorized Bond Debt
$9.3M
Total 30-Yr Repayment
$14.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MEXIA ISD to issue $9,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $9,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MEXIA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.