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Proposition AMIDWAY ISD (Mclennan County)
PASSEDMIDWAY ISD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 MIDWAY ISD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 808 (62.0%)AGAINST: 496 (38.0%)
Total Ballots Cast on Proposition: 1,304
Authorized Bond Debt
$18.3M
Total 30-Yr Repayment
$27.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MIDWAY ISD to issue $18,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $18,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MIDWAY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.