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Proposition ADESOTO ISD (Dallas County)
PASSEDDESOTO ISD 2022 Capital Infrastructure & Facility Improvement Bond Proposition
May 2022 DESOTO ISD Uniform General & Special Election • Canvassed on 2022-05-07
Official Certified Canvass Outcome
FOR: 398 (50.1%)AGAINST: 397 (49.9%)
Total Ballots Cast on Proposition: 795
Authorized Bond Debt
$26.0M
Total 30-Yr Repayment
$39.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes DESOTO ISD to issue $26,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $26,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DESOTO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.