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Proposition AVILLAGE TECH SCHOOLS (Dallas County)
FAILEDVILLAGE TECH SCHOOLS 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 VILLAGE TECH SCHOOLS Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 87 (45.8%)AGAINST: 103 (54.2%)
Total Ballots Cast on Proposition: 190
Authorized Bond Debt
$3.3M
Total 30-Yr Repayment
$5.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes VILLAGE TECH SCHOOLS to issue $3,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VILLAGE TECH SCHOOLS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.