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Proposition AFLOUR BLUFF ISD (Nueces County)
FAILEDFLOUR BLUFF ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 FLOUR BLUFF ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 378 (47.0%)AGAINST: 427 (53.0%)
Total Ballots Cast on Proposition: 805
Authorized Bond Debt
$14.5M
Total 30-Yr Repayment
$22.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FLOUR BLUFF ISD to issue $14,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $14,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FLOUR BLUFF ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.