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Proposition ASWEETWATER ISD (Nolan County)
FAILEDSWEETWATER ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 SWEETWATER ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 169 (49.1%)AGAINST: 175 (50.9%)
Total Ballots Cast on Proposition: 344
Authorized Bond Debt
$6.4M
Total 30-Yr Repayment
$9.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SWEETWATER ISD to issue $6,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SWEETWATER ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.