Back to Propositions Search
Proposition ALAMAR CISD (Fort bend County)
PASSEDLAMAR CISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 LAMAR CISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 5,862 (57.0%)AGAINST: 4,422 (43.0%)
Total Ballots Cast on Proposition: 10,284
Authorized Bond Debt
$190.5M
Total 30-Yr Repayment
$289.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LAMAR CISD to issue $190,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $190,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LAMAR CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.