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Proposition ALAKE WORTH ISD (Tarrant County)
PASSEDLAKE WORTH ISD 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 LAKE WORTH ISD Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 279 (54.0%)AGAINST: 238 (46.0%)
Total Ballots Cast on Proposition: 517
Authorized Bond Debt
$8.0M
Total 30-Yr Repayment
$12.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LAKE WORTH ISD to issue $8,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LAKE WORTH ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.