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Proposition ASAN FELIPE-DEL RIO CISD (Val verde County)
PASSEDSAN FELIPE-DEL RIO CISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 SAN FELIPE-DEL RIO CISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 1,067 (55.0%)AGAINST: 873 (45.0%)
Total Ballots Cast on Proposition: 1,940
Authorized Bond Debt
$18.2M
Total 30-Yr Repayment
$27.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SAN FELIPE-DEL RIO CISD to issue $18,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $18,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SAN FELIPE-DEL RIO CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.