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Proposition AVICTORIA ISD (Victoria County)
PASSEDVICTORIA ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 VICTORIA ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 1,595 (60.0%)AGAINST: 1,064 (40.0%)
Total Ballots Cast on Proposition: 2,659
Authorized Bond Debt
$30.4M
Total 30-Yr Repayment
$46.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes VICTORIA ISD to issue $30,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $30,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VICTORIA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.