Back to Propositions Search
Proposition ALOS FRESNOS CISD (Cameron County)
PASSEDLOS FRESNOS CISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 LOS FRESNOS CISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 891 (53.0%)AGAINST: 791 (47.0%)
Total Ballots Cast on Proposition: 1,682
Authorized Bond Debt
$41.0M
Total 30-Yr Repayment
$62.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LOS FRESNOS CISD to issue $41,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $41,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LOS FRESNOS CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.