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Proposition ACHINA SPRING ISD (Mclennan County)
PASSEDCHINA SPRING ISD 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 CHINA SPRING ISD Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 268 (55.0%)AGAINST: 219 (45.0%)
Total Ballots Cast on Proposition: 487
Authorized Bond Debt
$6.4M
Total 30-Yr Repayment
$9.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CHINA SPRING ISD to issue $6,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CHINA SPRING ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.