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Proposition AROSEBUD-LOTT ISD (Falls County)
PASSEDROSEBUD-LOTT ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 ROSEBUD-LOTT ISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 67 (55.8%)AGAINST: 53 (44.2%)
Total Ballots Cast on Proposition: 120
Authorized Bond Debt
$4.5M
Total 30-Yr Repayment
$6.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ROSEBUD-LOTT ISD to issue $4,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ROSEBUD-LOTT ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.