Back to Propositions Search
PASSED
NEWMAN INTERNATIONAL ACADEMY OF ARLINGTON 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 NEWMAN INTERNATIONAL ACADEMY OF ARLINGTON Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 252 (55.0%)AGAINST: 206 (45.0%)
Total Ballots Cast on Proposition: 458
Authorized Bond Debt
$7.2M
Total 30-Yr Repayment
$10.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NEWMAN INTERNATIONAL ACADEMY OF ARLINGTON to issue $7,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NEWMAN INTERNATIONAL ACADEMY OF ARLINGTON, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.