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Proposition ASALADO ISD (Bell County)
FAILEDSALADO ISD 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 SALADO ISD Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 237 (48.0%)AGAINST: 257 (52.0%)
Total Ballots Cast on Proposition: 494
Authorized Bond Debt
$10.4M
Total 30-Yr Repayment
$15.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SALADO ISD to issue $10,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SALADO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.