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Proposition AValley View ISDa (Cooke County)
FAILEDValley View ISDa 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 Valley View ISDa Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 325 (46.0%)AGAINST: 381 (54.0%)
Total Ballots Cast on Proposition: 706
Authorized Bond Debt
$8.7M
Total 30-Yr Repayment
$13.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Valley View ISDa to issue $8,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VALLEY VIEW ISDA, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.