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Proposition ASABINE PASS ISD (Jefferson County)
PASSEDSABINE PASS ISD 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 SABINE PASS ISD Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 71 (59.2%)AGAINST: 49 (40.8%)
Total Ballots Cast on Proposition: 120
Authorized Bond Debt
$3.0M
Total 30-Yr Repayment
$4.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SABINE PASS ISD to issue $3,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SABINE PASS ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.