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Proposition ANAVASOTA ISD (Grimes County)
FAILEDNAVASOTA ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 NAVASOTA ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 246 (48.0%)AGAINST: 266 (52.0%)
Total Ballots Cast on Proposition: 512
Authorized Bond Debt
$11.4M
Total 30-Yr Repayment
$17.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NAVASOTA ISD to issue $11,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NAVASOTA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.