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Proposition ALUFKIN ISD (Angelina County)
PASSEDLUFKIN ISD 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 LUFKIN ISD Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 710 (60.0%)AGAINST: 474 (40.0%)
Total Ballots Cast on Proposition: 1,184
Authorized Bond Debt
$12.9M
Total 30-Yr Repayment
$19.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LUFKIN ISD to issue $12,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $12,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LUFKIN ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.