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Proposition ATOMBALL ISD (Harris County)
PASSEDTOMBALL ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 TOMBALL ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 2,698 (55.0%)AGAINST: 2,208 (45.0%)
Total Ballots Cast on Proposition: 4,906
Authorized Bond Debt
$41.9M
Total 30-Yr Repayment
$63.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes TOMBALL ISD to issue $41,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $41,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TOMBALL ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.