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Proposition AVAN ISD (Van zandt County)
PASSEDVAN ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 VAN ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 259 (54.1%)AGAINST: 220 (45.9%)
Total Ballots Cast on Proposition: 479
Authorized Bond Debt
$7.4M
Total 30-Yr Repayment
$11.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes VAN ISD to issue $7,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VAN ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.