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Proposition AGLADEWATER ISD (Gregg County)
PASSEDGLADEWATER ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 GLADEWATER ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 135 (50.2%)AGAINST: 134 (49.8%)
Total Ballots Cast on Proposition: 269
Authorized Bond Debt
$4.6M
Total 30-Yr Repayment
$7.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GLADEWATER ISD to issue $4,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GLADEWATER ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.