PHARR-SAN JUAN-ALAMO ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition

May 2012 PHARR-SAN JUAN-ALAMO ISD Uniform General & Special Election • Canvassed on 2012-05-05

Official Certified Canvass Outcome

FOR: 2,821 (51.0%)AGAINST: 2,711 (49.0%)

Total Ballots Cast on Proposition: 5,532

Authorized Bond Debt

$92.2M

Total 30-Yr Repayment

$140.1M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes PHARR-SAN JUAN-ALAMO ISD to issue $92,200,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $92,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PHARR-SAN JUAN-ALAMO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF