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Proposition AHubbard ISDb (Hill County)
PASSEDHubbard ISDb 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 Hubbard ISDb Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 211 (62.1%)AGAINST: 129 (37.9%)
Total Ballots Cast on Proposition: 340
Authorized Bond Debt
$1.7M
Total 30-Yr Repayment
$2.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Hubbard ISDb to issue $1,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HUBBARD ISDB, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.