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Proposition ABRIDGE CITY ISD (Orange County)
FAILEDBRIDGE CITY ISD 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 BRIDGE CITY ISD Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 227 (47.1%)AGAINST: 255 (52.9%)
Total Ballots Cast on Proposition: 482
Authorized Bond Debt
$9.6M
Total 30-Yr Repayment
$14.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BRIDGE CITY ISD to issue $9,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $9,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BRIDGE CITY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.