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Proposition AHUGHES SPRINGS ISD (Cass County)
PASSEDHUGHES SPRINGS ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 HUGHES SPRINGS ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 131 (61.2%)AGAINST: 83 (38.8%)
Total Ballots Cast on Proposition: 214
Authorized Bond Debt
$3.6M
Total 30-Yr Repayment
$5.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes HUGHES SPRINGS ISD to issue $3,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HUGHES SPRINGS ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.