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Proposition ALA VEGA ISD (Mclennan County)
PASSEDLA VEGA ISD 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 LA VEGA ISD Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 305 (58.1%)AGAINST: 220 (41.9%)
Total Ballots Cast on Proposition: 525
Authorized Bond Debt
$7.1M
Total 30-Yr Repayment
$10.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LA VEGA ISD to issue $7,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LA VEGA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.