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Proposition ACALHOUN COUNTY ISD (Calhoun County)
PASSEDCALHOUN COUNTY ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 CALHOUN COUNTY ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 299 (54.1%)AGAINST: 254 (45.9%)
Total Ballots Cast on Proposition: 553
Authorized Bond Debt
$11.0M
Total 30-Yr Repayment
$16.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CALHOUN COUNTY ISD to issue $11,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CALHOUN COUNTY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.