Back to Propositions Search
Proposition APROGRESO ISD (Hidalgo County)
PASSEDPROGRESO ISD 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 PROGRESO ISD Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 125 (54.8%)AGAINST: 103 (45.2%)
Total Ballots Cast on Proposition: 228
Authorized Bond Debt
$3.4M
Total 30-Yr Repayment
$5.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PROGRESO ISD to issue $3,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PROGRESO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.