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Proposition AMEDINA VALLEY ISD (Medina County)
PASSEDMEDINA VALLEY ISD 2021 Capital Infrastructure & Facility Improvement Bond Proposition
May 2021 MEDINA VALLEY ISD Uniform General & Special Election • Canvassed on 2021-05-01
Official Certified Canvass Outcome
FOR: 1,198 (56.0%)AGAINST: 942 (44.0%)
Total Ballots Cast on Proposition: 2,140
Authorized Bond Debt
$47.3M
Total 30-Yr Repayment
$71.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MEDINA VALLEY ISD to issue $47,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $47,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MEDINA VALLEY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.