Back to Propositions Search
Proposition ADENTON ISD (Denton County)
FAILEDDENTON ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 DENTON ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 2,863 (47.0%)AGAINST: 3,228 (53.0%)
Total Ballots Cast on Proposition: 6,091
Authorized Bond Debt
$107.2M
Total 30-Yr Repayment
$162.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes DENTON ISD to issue $107,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $107,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DENTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.