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Monday, October 22, 2007

Fort Worth ISD seeks bond funds in two propositions

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— Fort Worth Independent School District area voters are considering their first bond election in seven years. Even if passed, the sale of bonds wouldn't cause a net increase in property taxes.

Proposition 1 is for $586,890,000 and primarily funds the addition and improvements to schools. Proposition 2 is for $6,700,000 to refinance existing operating debt. 92 per cent of the funds will go straight to the classroom, according to the Fort Worth ISD. For more background, read Fort Worth Star-Telegram analysis of the proposal.

Link here for information on early voting, which starts Oct. 22.


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