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Proposition ACOLDSPRING-OAKHURST CISD (San jacinto County)
FAILEDCOLDSPRING-OAKHURST CISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 COLDSPRING-OAKHURST CISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 133 (47.2%)AGAINST: 149 (52.8%)
Total Ballots Cast on Proposition: 282
Authorized Bond Debt
$5.3M
Total 30-Yr Repayment
$8.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes COLDSPRING-OAKHURST CISD to issue $5,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR COLDSPRING-OAKHURST CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.