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Proposition AGOLIAD ISD (Goliad County)
PASSEDGOLIAD ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 GOLIAD ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 123 (56.2%)AGAINST: 96 (43.8%)
Total Ballots Cast on Proposition: 219
Authorized Bond Debt
$5.8M
Total 30-Yr Repayment
$8.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GOLIAD ISD to issue $5,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GOLIAD ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.