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Proposition ABURNET CISD (Burnet County)
PASSEDBURNET CISD 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 BURNET CISD Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 343 (52.0%)AGAINST: 317 (48.0%)
Total Ballots Cast on Proposition: 660
Authorized Bond Debt
$7.4M
Total 30-Yr Repayment
$11.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BURNET CISD to issue $7,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BURNET CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.