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Proposition ATULOSO-MIDWAY ISD (Nueces County)
FAILEDTULOSO-MIDWAY ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 TULOSO-MIDWAY ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 281 (47.1%)AGAINST: 316 (52.9%)
Total Ballots Cast on Proposition: 597
Authorized Bond Debt
$15.2M
Total 30-Yr Repayment
$23.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes TULOSO-MIDWAY ISD to issue $15,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $15,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TULOSO-MIDWAY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.