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Proposition ACOMAL ISD (Comal County)
PASSEDCOMAL ISD 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 COMAL ISD Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 2,346 (54.0%)AGAINST: 1,998 (46.0%)
Total Ballots Cast on Proposition: 4,344
Authorized Bond Debt
$67.1M
Total 30-Yr Repayment
$102.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes COMAL ISD to issue $67,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $67,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR COMAL ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.