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Proposition AFRENSHIP ISD (Lubbock County)
PASSEDFRENSHIP ISD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 FRENSHIP ISD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 1,501 (59.0%)AGAINST: 1,043 (41.0%)
Total Ballots Cast on Proposition: 2,544
Authorized Bond Debt
$32.9M
Total 30-Yr Repayment
$50.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FRENSHIP ISD to issue $32,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $32,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FRENSHIP ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.