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Proposition ASMITHVILLE ISD (Bastrop County)
PASSEDSMITHVILLE ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 SMITHVILLE ISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 166 (62.2%)AGAINST: 101 (37.8%)
Total Ballots Cast on Proposition: 267
Authorized Bond Debt
$6.8M
Total 30-Yr Repayment
$10.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SMITHVILLE ISD to issue $6,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SMITHVILLE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.