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Proposition AEUSTACE ISD (Henderson County)
PASSEDEUSTACE ISD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 EUSTACE ISD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 107 (62.2%)AGAINST: 65 (37.8%)
Total Ballots Cast on Proposition: 172
Authorized Bond Debt
$4.4M
Total 30-Yr Repayment
$6.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes EUSTACE ISD to issue $4,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EUSTACE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.