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Proposition ACORPUS CHRISTI ISD (Nueces County)
PASSEDCORPUS CHRISTI ISD 2017 Capital Infrastructure & Facility Improvement Bond Proposition
May 2017 CORPUS CHRISTI ISD Uniform General & Special Election • Canvassed on 2017-05-06
Official Certified Canvass Outcome
FOR: 2,266 (52.0%)AGAINST: 2,092 (48.0%)
Total Ballots Cast on Proposition: 4,358
Authorized Bond Debt
$116.6M
Total 30-Yr Repayment
$177.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CORPUS CHRISTI ISD to issue $116,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $116,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CORPUS CHRISTI ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.