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Proposition AEDINBURG CISD (Hidalgo County)
FAILEDEDINBURG CISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 EDINBURG CISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 3,249 (49.0%)AGAINST: 3,381 (51.0%)
Total Ballots Cast on Proposition: 6,630
Authorized Bond Debt
$97.1M
Total 30-Yr Repayment
$147.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes EDINBURG CISD to issue $97,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $97,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EDINBURG CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.