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Proposition ASPRING ISD (Harris County)
FAILEDSPRING ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 SPRING ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 2,171 (47.0%)AGAINST: 2,448 (53.0%)
Total Ballots Cast on Proposition: 4,619
Authorized Bond Debt
$91.9M
Total 30-Yr Repayment
$139.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SPRING ISD to issue $91,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $91,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SPRING ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.