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Proposition ASPRING ISD (Harris County)
FAILEDSPRING ISD 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 SPRING ISD Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 2,263 (49.0%)AGAINST: 2,356 (51.0%)
Total Ballots Cast on Proposition: 4,619
Authorized Bond Debt
$84.1M
Total 30-Yr Repayment
$127.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SPRING ISD to issue $84,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $84,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SPRING ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.