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Proposition AS&S CISD (Grayson County)
FAILEDS&S CISD 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 S&S CISD Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 125 (46.0%)AGAINST: 147 (54.0%)
Total Ballots Cast on Proposition: 272
Authorized Bond Debt
$2.7M
Total 30-Yr Repayment
$4.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes S&S CISD to issue $2,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR S&S CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.