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Proposition AChapel Hill ISDa (Smith County)
PASSEDChapel Hill ISDa 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 Chapel Hill ISDa Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 2,737 (56.0%)AGAINST: 2,151 (44.0%)
Total Ballots Cast on Proposition: 4,888
Authorized Bond Debt
$3.4M
Total 30-Yr Repayment
$5.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Chapel Hill ISDa to issue $3,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CHAPEL HILL ISDA, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.