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Proposition ASABINE ISD (Gregg County)
PASSEDSABINE ISD 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 SABINE ISD Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 134 (59.8%)AGAINST: 90 (40.2%)
Total Ballots Cast on Proposition: 224
Authorized Bond Debt
$2.9M
Total 30-Yr Repayment
$4.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SABINE ISD to issue $2,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SABINE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.