Back to Propositions Search
Proposition ASPRING ISD (Harris County)
PASSEDSPRING ISD 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 SPRING ISD Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 2,595 (59.0%)AGAINST: 1,804 (41.0%)
Total Ballots Cast on Proposition: 4,399
Authorized Bond Debt
$70.5M
Total 30-Yr Repayment
$107.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SPRING ISD to issue $70,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $70,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SPRING ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.