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Proposition ALA VEGA ISD (Mclennan County)
FAILED

LA VEGA ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition

May 2019 LA VEGA ISD Uniform General & Special Election • Canvassed on 2019-05-04

Official Certified Canvass Outcome

FOR: 227 (47.0%)AGAINST: 256 (53.0%)
Total Ballots Cast on Proposition: 483
Authorized Bond Debt
$13.8M
Total 30-Yr Repayment
$21.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes LA VEGA ISD to issue $13,800,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $13,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LA VEGA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.
Download Official Certified Canvass PDF