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Proposition ASCHERTZ-CIBOLO-U CITY ISD (Guadalupe County)
PASSEDSCHERTZ-CIBOLO-U CITY ISD 2023 Capital Infrastructure & Facility Improvement Bond Proposition
May 2023 SCHERTZ-CIBOLO-U CITY ISD Uniform General & Special Election • Canvassed on 2023-05-06
Official Certified Canvass Outcome
FOR: 1,129 (51.0%)AGAINST: 1,084 (49.0%)
Total Ballots Cast on Proposition: 2,213
Authorized Bond Debt
$73.3M
Total 30-Yr Repayment
$111.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SCHERTZ-CIBOLO-U CITY ISD to issue $73,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $73,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SCHERTZ-CIBOLO-U CITY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.