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Proposition ASOUTHSIDE ISD (Bexar County)
PASSEDSOUTHSIDE ISD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 SOUTHSIDE ISD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 721 (58.0%)AGAINST: 522 (42.0%)
Total Ballots Cast on Proposition: 1,243
Authorized Bond Debt
$16.2M
Total 30-Yr Repayment
$24.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SOUTHSIDE ISD to issue $16,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $16,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SOUTHSIDE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.