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Proposition ACLEAR CREEK ISD (Galveston County)
PASSEDCLEAR CREEK ISD 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 CLEAR CREEK ISD Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 2,421 (51.0%)AGAINST: 2,326 (49.0%)
Total Ballots Cast on Proposition: 4,747
Authorized Bond Debt
$131.7M
Total 30-Yr Repayment
$200.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CLEAR CREEK ISD to issue $131,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $131,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CLEAR CREEK ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.