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Proposition AEL PASO ISD (El paso County)
FAILEDEL PASO ISD 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 EL PASO ISD Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 3,321 (48.0%)AGAINST: 3,597 (52.0%)
Total Ballots Cast on Proposition: 6,918
Authorized Bond Debt
$101.8M
Total 30-Yr Repayment
$154.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes EL PASO ISD to issue $101,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $101,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EL PASO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.