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Proposition APALMER ISD (Ellis County)
PASSEDPALMER ISD 2023 Capital Infrastructure & Facility Improvement Bond Proposition
May 2023 PALMER ISD Uniform General & Special Election • Canvassed on 2023-05-06
Official Certified Canvass Outcome
FOR: 127 (56.2%)AGAINST: 99 (43.8%)
Total Ballots Cast on Proposition: 226
Authorized Bond Debt
$7.0M
Total 30-Yr Repayment
$10.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PALMER ISD to issue $7,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PALMER ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.