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Proposition AWHITE OAK ISD (Gregg County)
PASSEDWHITE OAK ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 WHITE OAK ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 155 (58.9%)AGAINST: 108 (41.1%)
Total Ballots Cast on Proposition: 263
Authorized Bond Debt
$2.4M
Total 30-Yr Repayment
$3.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes WHITE OAK ISD to issue $2,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR WHITE OAK ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.