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Proposition APHARR-SAN JUAN-ALAMO ISD (Hidalgo County)
PASSEDPHARR-SAN JUAN-ALAMO ISD 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 PHARR-SAN JUAN-ALAMO ISD Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 1,833 (58.0%)AGAINST: 1,328 (42.0%)
Total Ballots Cast on Proposition: 3,161
Authorized Bond Debt
$77.2M
Total 30-Yr Repayment
$117.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PHARR-SAN JUAN-ALAMO ISD to issue $77,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $77,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PHARR-SAN JUAN-ALAMO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.