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Proposition AMISSION CISD (Hidalgo County)
PASSEDMISSION CISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 MISSION CISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 781 (58.0%)AGAINST: 565 (42.0%)
Total Ballots Cast on Proposition: 1,346
Authorized Bond Debt
$47.1M
Total 30-Yr Repayment
$71.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MISSION CISD to issue $47,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $47,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MISSION CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.