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Proposition ABIG SPRING ISD (Howard County)
PASSEDBIG SPRING ISD 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 BIG SPRING ISD Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 362 (59.0%)AGAINST: 251 (41.0%)
Total Ballots Cast on Proposition: 613
Authorized Bond Debt
$8.0M
Total 30-Yr Repayment
$12.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BIG SPRING ISD to issue $8,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BIG SPRING ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.