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Proposition AALVIN ISD (Brazoria County)
FAILEDALVIN ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 ALVIN ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 2,907 (49.0%)AGAINST: 3,026 (51.0%)
Total Ballots Cast on Proposition: 5,933
Authorized Bond Debt
$89.6M
Total 30-Yr Repayment
$136.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ALVIN ISD to issue $89,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $89,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ALVIN ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.