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Proposition ALITTLE CYPRESS-MAURICEVILLE CISD (Orange County)
FAILEDLITTLE CYPRESS-MAURICEVILLE CISD 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 LITTLE CYPRESS-MAURICEVILLE CISD Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 268 (49.1%)AGAINST: 278 (50.9%)
Total Ballots Cast on Proposition: 546
Authorized Bond Debt
$5.5M
Total 30-Yr Repayment
$8.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LITTLE CYPRESS-MAURICEVILLE CISD to issue $5,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LITTLE CYPRESS-MAURICEVILLE CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.