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Proposition AFORT STOCKTON ISD (Pecos County)
PASSEDFORT STOCKTON ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 FORT STOCKTON ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 946 (54.0%)AGAINST: 806 (46.0%)
Total Ballots Cast on Proposition: 1,752
Authorized Bond Debt
$15.4M
Total 30-Yr Repayment
$23.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FORT STOCKTON ISD to issue $15,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $15,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FORT STOCKTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.