Back to Propositions Search
Proposition AMidway ISDb (McLennan County)
PASSEDMidway ISDb 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 Midway ISDb Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 4,671 (59.0%)AGAINST: 3,246 (41.0%)
Total Ballots Cast on Proposition: 7,917
Authorized Bond Debt
$20.1M
Total 30-Yr Repayment
$30.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Midway ISDb to issue $20,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $20,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MIDWAY ISDB, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.