Back to Propositions Search
Proposition AIDEA PUBLIC SCHOOLS (Hidalgo County)
FAILEDIDEA PUBLIC SCHOOLS 2023 Capital Infrastructure & Facility Improvement Bond Proposition
May 2023 IDEA PUBLIC SCHOOLS Uniform General & Special Election • Canvassed on 2023-05-06
Official Certified Canvass Outcome
FOR: 5,852 (47.0%)AGAINST: 6,599 (53.0%)
Total Ballots Cast on Proposition: 12,451
Authorized Bond Debt
$250.0M
Total 30-Yr Repayment
$380.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes IDEA PUBLIC SCHOOLS to issue $250,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $250,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR IDEA PUBLIC SCHOOLS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.