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Proposition ASLATON ISD (Lubbock County)
PASSEDSLATON ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 SLATON ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 135 (58.2%)AGAINST: 97 (41.8%)
Total Ballots Cast on Proposition: 232
Authorized Bond Debt
$5.0M
Total 30-Yr Repayment
$7.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SLATON ISD to issue $5,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SLATON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.