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Proposition ASCHERTZ-CIBOLO-U CITY ISD (Guadalupe County)
PASSEDSCHERTZ-CIBOLO-U CITY ISD 2022 Capital Infrastructure & Facility Improvement Bond Proposition
May 2022 SCHERTZ-CIBOLO-U CITY ISD Uniform General & Special Election • Canvassed on 2022-05-07
Official Certified Canvass Outcome
FOR: 1,400 (58.0%)AGAINST: 1,014 (42.0%)
Total Ballots Cast on Proposition: 2,414
Authorized Bond Debt
$70.5M
Total 30-Yr Repayment
$107.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SCHERTZ-CIBOLO-U CITY ISD to issue $70,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $70,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SCHERTZ-CIBOLO-U CITY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.