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Proposition ALA VERNIA ISD (Wilson County)
PASSEDLA VERNIA ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 LA VERNIA ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 267 (53.1%)AGAINST: 236 (46.9%)
Total Ballots Cast on Proposition: 503
Authorized Bond Debt
$10.3M
Total 30-Yr Repayment
$15.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LA VERNIA ISD to issue $10,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LA VERNIA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.