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Proposition ASILSBEE ISD (Hardin County)
FAILEDSILSBEE ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 SILSBEE ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 183 (49.1%)AGAINST: 190 (50.9%)
Total Ballots Cast on Proposition: 373
Authorized Bond Debt
$9.1M
Total 30-Yr Repayment
$13.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SILSBEE ISD to issue $9,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $9,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SILSBEE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.