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Proposition ASPRING HILL ISD (Gregg County)
FAILEDSPRING HILL ISD 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 SPRING HILL ISD Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 188 (49.1%)AGAINST: 195 (50.9%)
Total Ballots Cast on Proposition: 383
Authorized Bond Debt
$3.9M
Total 30-Yr Repayment
$5.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SPRING HILL ISD to issue $3,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SPRING HILL ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.