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Proposition AROCKWALL ISD (Rockwall County)
PASSEDROCKWALL ISD 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 ROCKWALL ISD Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 2,345 (62.0%)AGAINST: 1,438 (38.0%)
Total Ballots Cast on Proposition: 3,783
Authorized Bond Debt
$38.4M
Total 30-Yr Repayment
$58.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ROCKWALL ISD to issue $38,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $38,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ROCKWALL ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.