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Proposition ANIXON-SMILEY CISD (Gonzales County)
FAILEDNIXON-SMILEY CISD 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 NIXON-SMILEY CISD Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 99 (48.8%)AGAINST: 104 (51.2%)
Total Ballots Cast on Proposition: 203
Authorized Bond Debt
$4.2M
Total 30-Yr Repayment
$6.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NIXON-SMILEY CISD to issue $4,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NIXON-SMILEY CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.