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Proposition ADENTON ISD (Denton County)
PASSEDDENTON ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 DENTON ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 1,929 (57.0%)AGAINST: 1,455 (43.0%)
Total Ballots Cast on Proposition: 3,384
Authorized Bond Debt
$70.6M
Total 30-Yr Repayment
$107.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes DENTON ISD to issue $70,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $70,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DENTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.