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Proposition ANORTHWEST ISD (Denton County)
PASSEDNORTHWEST ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 NORTHWEST ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 3,555 (59.0%)AGAINST: 2,470 (41.0%)
Total Ballots Cast on Proposition: 6,025
Authorized Bond Debt
$117.1M
Total 30-Yr Repayment
$178.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NORTHWEST ISD to issue $117,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $117,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NORTHWEST ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.