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Proposition ARICE CISD (Colorado County)
PASSEDRICE CISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 RICE CISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 143 (58.1%)AGAINST: 103 (41.9%)
Total Ballots Cast on Proposition: 246
Authorized Bond Debt
$2.6M
Total 30-Yr Repayment
$4.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes RICE CISD to issue $2,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR RICE CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.