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Proposition ATEXARKANA ISD (Bowie County)
FAILEDTEXARKANA ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 TEXARKANA ISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 483 (49.0%)AGAINST: 502 (51.0%)
Total Ballots Cast on Proposition: 985
Authorized Bond Debt
$25.8M
Total 30-Yr Repayment
$39.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes TEXARKANA ISD to issue $25,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $25,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TEXARKANA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.