Back to Propositions Search
Proposition ANORTH LAMAR ISD (Lamar County)
PASSEDNORTH LAMAR ISD 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 NORTH LAMAR ISD Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 205 (53.1%)AGAINST: 181 (46.9%)
Total Ballots Cast on Proposition: 386
Authorized Bond Debt
$4.3M
Total 30-Yr Repayment
$6.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NORTH LAMAR ISD to issue $4,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NORTH LAMAR ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.