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Proposition ATEXANS CAN ACADEMIES (Dallas County)
FAILEDTEXANS CAN ACADEMIES 2022 Capital Infrastructure & Facility Improvement Bond Proposition
May 2022 TEXANS CAN ACADEMIES Uniform General & Special Election • Canvassed on 2022-05-07
Official Certified Canvass Outcome
FOR: 264 (49.0%)AGAINST: 275 (51.0%)
Total Ballots Cast on Proposition: 539
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 TEXANS CAN ACADEMIES 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 TEXANS CAN ACADEMIES, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.