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Proposition ACHAPEL HILL ISD (Smith County)
PASSEDCHAPEL HILL ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 CHAPEL HILL ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 383 (57.0%)AGAINST: 289 (43.0%)
Total Ballots Cast on Proposition: 672
Authorized Bond Debt
$12.4M
Total 30-Yr Repayment
$18.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CHAPEL HILL ISD to issue $12,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $12,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CHAPEL HILL ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.