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Proposition AIraan-Sheffield ISD (Pecos County)
FAILEDIraan-Sheffield ISD 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 Iraan-Sheffield ISD Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 227 (46.0%)AGAINST: 266 (54.0%)
Total Ballots Cast on Proposition: 493
Authorized Bond Debt
$2.7M
Total 30-Yr Repayment
$4.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Iraan-Sheffield ISD to issue $2,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR IRAAN-SHEFFIELD ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.