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Proposition AROYAL ISD (Waller County)
PASSEDROYAL ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 ROYAL ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 219 (57.9%)AGAINST: 159 (42.1%)
Total Ballots Cast on Proposition: 378
Authorized Bond Debt
$7.2M
Total 30-Yr Repayment
$10.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ROYAL ISD to issue $7,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ROYAL ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.