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Proposition AMEXIA ISD (Limestone County)
PASSEDMEXIA ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 MEXIA ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 143 (56.1%)AGAINST: 112 (43.9%)
Total Ballots Cast on Proposition: 255
Authorized Bond Debt
$3.7M
Total 30-Yr Repayment
$5.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MEXIA ISD to issue $3,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MEXIA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.