Back to Propositions Search
Proposition ABRADY ISD (Mcculloch County)
PASSEDBRADY ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 BRADY ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 88 (57.9%)AGAINST: 64 (42.1%)
Total Ballots Cast on Proposition: 152
Authorized Bond Debt
$3.5M
Total 30-Yr Repayment
$5.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BRADY ISD to issue $3,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BRADY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.