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Proposition APARADISE ISD (Wise County)
PASSEDPARADISE ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 PARADISE ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 163 (60.1%)AGAINST: 108 (39.9%)
Total Ballots Cast on Proposition: 271
Authorized Bond Debt
$3.8M
Total 30-Yr Repayment
$5.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PARADISE ISD to issue $3,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PARADISE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.