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Proposition AWESLACO ISD (Hidalgo County)
PASSEDWESLACO ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 WESLACO ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 1,738 (59.0%)AGAINST: 1,208 (41.0%)
Total Ballots Cast on Proposition: 2,946
Authorized Bond Debt
$51.4M
Total 30-Yr Repayment
$78.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes WESLACO ISD to issue $51,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $51,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR WESLACO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.