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Proposition AAUSTIN ACHIEVE PUBLIC SCHOOLS (Travis County)
FAILEDAUSTIN ACHIEVE PUBLIC SCHOOLS 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 AUSTIN ACHIEVE PUBLIC SCHOOLS Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 187 (46.0%)AGAINST: 220 (54.0%)
Total Ballots Cast on Proposition: 407
Authorized Bond Debt
$6.2M
Total 30-Yr Repayment
$9.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes AUSTIN ACHIEVE PUBLIC SCHOOLS to issue $6,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR AUSTIN ACHIEVE PUBLIC SCHOOLS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.