Back to Propositions Search
Proposition AIDEA PUBLIC SCHOOLS (Hidalgo County)
PASSEDIDEA PUBLIC SCHOOLS 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 IDEA PUBLIC SCHOOLS Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 8,867 (63.0%)AGAINST: 5,208 (37.0%)
Total Ballots Cast on Proposition: 14,075
Authorized Bond Debt
$129.6M
Total 30-Yr Repayment
$197.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes IDEA PUBLIC SCHOOLS to issue $129,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $129,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR IDEA PUBLIC SCHOOLS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.