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Proposition AVALLEY VIEW ISD (Hidalgo County)
PASSEDVALLEY VIEW ISD 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 VALLEY VIEW ISD Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 357 (53.0%)AGAINST: 317 (47.0%)
Total Ballots Cast on Proposition: 674
Authorized Bond Debt
$8.0M
Total 30-Yr Repayment
$12.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes VALLEY VIEW ISD to issue $8,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VALLEY VIEW ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.