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Proposition ATULOSO-MIDWAY ISD (Nueces County)
PASSEDTULOSO-MIDWAY ISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 TULOSO-MIDWAY ISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 396 (58.9%)AGAINST: 276 (41.1%)
Total Ballots Cast on Proposition: 672
Authorized Bond Debt
$14.7M
Total 30-Yr Repayment
$22.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes TULOSO-MIDWAY ISD to issue $14,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $14,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TULOSO-MIDWAY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.