Magnolia ISD Proposition A
"THIS IS A PROPERTY TAX INCREASE. The issuance of an amount not to exceed $465,688,326 of Magnolia Independent School District School Building Bonds for the purposes of designing, constructing, improving, updating, acquiring, and equipping school facilities including, but not limited to a new high school, two new elementary schools, and safety and security improvements, the purchase of necessary sites for school facilities, the purchase of new school buses and the levying of a tax sufficient to pay the principal of and interest on the bonds and the cost of any credit agreements executed in connection with the Bonds."
