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Proposition ACLEVELAND ISD (Liberty County)
PASSEDCLEVELAND ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 CLEVELAND ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 690 (57.0%)AGAINST: 520 (43.0%)
Total Ballots Cast on Proposition: 1,210
Authorized Bond Debt
$24.2M
Total 30-Yr Repayment
$36.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CLEVELAND ISD to issue $24,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $24,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CLEVELAND ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.