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Proposition ADRIPPING SPRINGS ISD (Hays County)
PASSEDDRIPPING SPRINGS ISD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 DRIPPING SPRINGS ISD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 799 (58.0%)AGAINST: 579 (42.0%)
Total Ballots Cast on Proposition: 1,378
Authorized Bond Debt
$21.2M
Total 30-Yr Repayment
$32.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes DRIPPING SPRINGS ISD to issue $21,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $21,200,000 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.