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Proposition AFORT STOCKTON ISD (Pecos County)
PASSEDFORT STOCKTON ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 FORT STOCKTON ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 701 (55.0%)AGAINST: 573 (45.0%)
Total Ballots Cast on Proposition: 1,274
Authorized Bond Debt
$8.2M
Total 30-Yr Repayment
$12.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FORT STOCKTON ISD to issue $8,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FORT STOCKTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.