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Proposition AWACO ISD (Mclennan County)
PASSEDWACO ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 WACO ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 1,222 (58.0%)AGAINST: 885 (42.0%)
Total Ballots Cast on Proposition: 2,107
Authorized Bond Debt
$42.6M
Total 30-Yr Repayment
$64.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes WACO ISD to issue $42,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $42,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR WACO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.