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Proposition ABIG SPRING ISD (Howard County)
PASSEDBIG SPRING ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 BIG SPRING ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 347 (63.1%)AGAINST: 203 (36.9%)
Total Ballots Cast on Proposition: 550
Authorized Bond Debt
$13.1M
Total 30-Yr Repayment
$19.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BIG SPRING ISD to issue $13,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BIG SPRING ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.