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Proposition APEARSALL ISD (Frio County)
PASSEDPEARSALL ISD 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 PEARSALL ISD Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 135 (57.9%)AGAINST: 98 (42.1%)
Total Ballots Cast on Proposition: 233
Authorized Bond Debt
$5.6M
Total 30-Yr Repayment
$8.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PEARSALL ISD to issue $5,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PEARSALL ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.