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Proposition ALUMBERTON ISD (Hardin County)
PASSEDLUMBERTON ISD 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 LUMBERTON ISD Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 441 (55.1%)AGAINST: 360 (44.9%)
Total Ballots Cast on Proposition: 801
Authorized Bond Debt
$6.8M
Total 30-Yr Repayment
$10.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LUMBERTON ISD to issue $6,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LUMBERTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.