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Proposition ALLANO ISD (Llano County)
FAILEDLLANO ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 LLANO ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 88 (45.8%)AGAINST: 104 (54.2%)
Total Ballots Cast on Proposition: 192
Authorized Bond Debt
$4.9M
Total 30-Yr Repayment
$7.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LLANO ISD to issue $4,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LLANO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.