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Proposition ACAMERON ISD (Milam County)
FAILEDCAMERON ISD 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 CAMERON ISD Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 134 (48.9%)AGAINST: 140 (51.1%)
Total Ballots Cast on Proposition: 274
Authorized Bond Debt
$3.6M
Total 30-Yr Repayment
$5.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CAMERON ISD to issue $3,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CAMERON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.