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Proposition ADRIPPING SPRINGS ISD (Hays County)
PASSEDDRIPPING SPRINGS ISD 2021 Capital Infrastructure & Facility Improvement Bond Proposition
May 2021 DRIPPING SPRINGS ISD Uniform General & Special Election • Canvassed on 2021-05-01
Official Certified Canvass Outcome
FOR: 856 (55.0%)AGAINST: 701 (45.0%)
Total Ballots Cast on Proposition: 1,557
Authorized Bond Debt
$35.1M
Total 30-Yr Repayment
$53.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes DRIPPING SPRINGS ISD to issue $35,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $35,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DRIPPING SPRINGS ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.