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Proposition ABOB HOPE SCHOOL (Jefferson County)
PASSEDBOB HOPE SCHOOL 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 BOB HOPE SCHOOL Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 232 (55.0%)AGAINST: 190 (45.0%)
Total Ballots Cast on Proposition: 422
Authorized Bond Debt
$7.1M
Total 30-Yr Repayment
$10.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BOB HOPE SCHOOL to issue $7,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BOB HOPE SCHOOL, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.