Back to Propositions Search
Proposition APORT NECHES-GROVES ISD (Jefferson County)
PASSEDPORT NECHES-GROVES ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 PORT NECHES-GROVES ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 596 (61.0%)AGAINST: 381 (39.0%)
Total Ballots Cast on Proposition: 977
Authorized Bond Debt
$17.6M
Total 30-Yr Repayment
$26.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PORT NECHES-GROVES ISD to issue $17,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $17,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PORT NECHES-GROVES ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.