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Proposition AGODLEY ISD (Johnson County)
FAILEDGODLEY ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 GODLEY ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 170 (47.0%)AGAINST: 192 (53.0%)
Total Ballots Cast on Proposition: 362
Authorized Bond Debt
$11.2M
Total 30-Yr Repayment
$17.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GODLEY ISD to issue $11,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GODLEY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.