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Proposition AROSCOE COLLEGIATE ISD (Nolan County)
PASSEDROSCOE COLLEGIATE ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 ROSCOE COLLEGIATE ISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 1,277 (63.0%)AGAINST: 750 (37.0%)
Total Ballots Cast on Proposition: 2,027
Authorized Bond Debt
$35.9M
Total 30-Yr Repayment
$54.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ROSCOE COLLEGIATE ISD to issue $35,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $35,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ROSCOE COLLEGIATE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.