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Proposition AGREAT HEARTS TEXAS (Bexar County)
PASSEDGREAT HEARTS TEXAS 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 GREAT HEARTS TEXAS Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 1,031 (60.0%)AGAINST: 687 (40.0%)
Total Ballots Cast on Proposition: 1,718
Authorized Bond Debt
$18.5M
Total 30-Yr Repayment
$28.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GREAT HEARTS TEXAS to issue $18,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $18,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GREAT HEARTS TEXAS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.