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Proposition ABEAUMONT ISD (Jefferson County)
FAILEDBEAUMONT ISD 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 BEAUMONT ISD Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 1,533 (49.0%)AGAINST: 1,595 (51.0%)
Total Ballots Cast on Proposition: 3,128
Authorized Bond Debt
$40.2M
Total 30-Yr Repayment
$61.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BEAUMONT ISD to issue $40,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $40,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BEAUMONT ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.