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Proposition ACOMMUNITY ISD (Collin County)
PASSEDCOMMUNITY ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 COMMUNITY ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 603 (59.0%)AGAINST: 419 (41.0%)
Total Ballots Cast on Proposition: 1,022
Authorized Bond Debt
$10.6M
Total 30-Yr Repayment
$16.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes COMMUNITY ISD to issue $10,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR COMMUNITY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.