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Proposition ASTANTON ISD (Martin County)
FAILEDSTANTON ISD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 STANTON ISD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 77 (45.8%)AGAINST: 91 (54.2%)
Total Ballots Cast on Proposition: 168
Authorized Bond Debt
$6.3M
Total 30-Yr Repayment
$9.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes STANTON ISD to issue $6,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR STANTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.