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Proposition ASOUTHWEST ISD (Bexar County)
PASSEDSOUTHWEST ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 SOUTHWEST ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 1,237 (51.0%)AGAINST: 1,189 (49.0%)
Total Ballots Cast on Proposition: 2,426
Authorized Bond Debt
$65.2M
Total 30-Yr Repayment
$99.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SOUTHWEST ISD to issue $65,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $65,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SOUTHWEST ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.