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Proposition AHAYS CISD (Hays County)
FAILEDHAYS CISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 HAYS CISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 2,162 (47.0%)AGAINST: 2,437 (53.0%)
Total Ballots Cast on Proposition: 4,599
Authorized Bond Debt
$70.5M
Total 30-Yr Repayment
$107.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes HAYS CISD to issue $70,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $70,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HAYS CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.