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Proposition AHONEY GROVE ISD (Fannin County)
PASSEDHONEY GROVE ISD 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 HONEY GROVE ISD Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 74 (61.7%)AGAINST: 46 (38.3%)
Total Ballots Cast on Proposition: 120
Authorized Bond Debt
$1.6M
Total 30-Yr Repayment
$2.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes HONEY GROVE ISD to issue $1,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HONEY GROVE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.