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Proposition AEAGLE PASS ISD (Maverick County)
PASSEDEAGLE PASS ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 EAGLE PASS ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 1,241 (59.0%)AGAINST: 863 (41.0%)
Total Ballots Cast on Proposition: 2,104
Authorized Bond Debt
$36.1M
Total 30-Yr Repayment
$54.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes EAGLE PASS ISD to issue $36,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $36,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EAGLE PASS ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.