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Proposition AALLEN ISD (Collin County)
PASSEDALLEN ISD 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 ALLEN ISD Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 2,222 (56.0%)AGAINST: 1,745 (44.0%)
Total Ballots Cast on Proposition: 3,967
Authorized Bond Debt
$49.0M
Total 30-Yr Repayment
$74.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ALLEN ISD to issue $49,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $49,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ALLEN ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.