Back to Propositions Search
Proposition AALTO ISD (Cherokee County)
PASSEDALTO ISD 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 ALTO ISD Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 66 (55.0%)AGAINST: 54 (45.0%)
Total Ballots Cast on Proposition: 120
Authorized Bond Debt
$2.0M
Total 30-Yr Repayment
$3.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ALTO ISD to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ALTO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.