Back to Propositions Search
Proposition APORT NECHES-GROVES ISD (Jefferson County)
PASSEDPORT NECHES-GROVES ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 PORT NECHES-GROVES ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 378 (55.0%)AGAINST: 309 (45.0%)
Total Ballots Cast on Proposition: 687
Authorized Bond Debt
$10.2M
Total 30-Yr Repayment
$15.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PORT NECHES-GROVES ISD to issue $10,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PORT NECHES-GROVES ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.