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Proposition ADENISON ISD (Grayson County)
PASSEDDENISON ISD 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 DENISON ISD Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 505 (60.0%)AGAINST: 336 (40.0%)
Total Ballots Cast on Proposition: 841
Authorized Bond Debt
$13.7M
Total 30-Yr Repayment
$20.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes DENISON ISD to issue $13,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DENISON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.