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Proposition ABRAZOSPORT ISD (Brazoria County)
PASSEDBRAZOSPORT ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 BRAZOSPORT ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 678 (54.0%)AGAINST: 578 (46.0%)
Total Ballots Cast on Proposition: 1,256
Authorized Bond Debt
$23.6M
Total 30-Yr Repayment
$35.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BRAZOSPORT ISD to issue $23,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $23,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BRAZOSPORT ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.