Back to Propositions Search
Proposition AREAGAN COUNTY ISD (Reagan County)
PASSEDREAGAN COUNTY ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 REAGAN COUNTY ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 62 (51.7%)AGAINST: 58 (48.3%)
Total Ballots Cast on Proposition: 120
Authorized Bond Debt
$5.9M
Total 30-Yr Repayment
$9.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes REAGAN COUNTY ISD to issue $5,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR REAGAN COUNTY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.