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Proposition AALEDO ISD (Parker County)
PASSEDALEDO ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 ALEDO ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 896 (61.0%)AGAINST: 573 (39.0%)
Total Ballots Cast on Proposition: 1,469
Authorized Bond Debt
$36.0M
Total 30-Yr Repayment
$54.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ALEDO ISD to issue $36,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $36,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ALEDO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.