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Proposition AHERITAGE ACADEMY (Bexar County)
PASSEDHERITAGE ACADEMY 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 HERITAGE ACADEMY Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 68 (55.7%)AGAINST: 54 (44.3%)
Total Ballots Cast on Proposition: 122
Authorized Bond Debt
$2.1M
Total 30-Yr Repayment
$3.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes HERITAGE ACADEMY to issue $2,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HERITAGE ACADEMY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.