SANTA MARIA ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition

May 2018 SANTA MARIA ISD Uniform General & Special Election • Canvassed on 2018-05-05

Official Certified Canvass Outcome

FOR: 56 (45.9%)AGAINST: 66 (54.1%)

Total Ballots Cast on Proposition: 122

Authorized Bond Debt

$3.1M

Total 30-Yr Repayment

$4.7M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes SANTA MARIA ISD to issue $3,100,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $3,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SANTA MARIA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF