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Proposition AJUBILEE ACADEMIES (Bexar County)
PASSEDJUBILEE ACADEMIES 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 JUBILEE ACADEMIES Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 461 (50.0%)AGAINST: 460 (50.0%)
Total Ballots Cast on Proposition: 921
Authorized Bond Debt
$10.9M
Total 30-Yr Repayment
$16.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes JUBILEE ACADEMIES to issue $10,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR JUBILEE ACADEMIES, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.