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Proposition ABRIDGEPORT ISD (Wise County)
PASSEDBRIDGEPORT ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 BRIDGEPORT ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 165 (52.0%)AGAINST: 152 (48.0%)
Total Ballots Cast on Proposition: 317
Authorized Bond Debt
$6.8M
Total 30-Yr Repayment
$10.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BRIDGEPORT ISD to issue $6,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BRIDGEPORT ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.