SOUTH SAN ANTONIO ISD 2009 Capital Infrastructure & Facility Improvement Bond Proposition

May 2009 SOUTH SAN ANTONIO ISD Uniform General & Special Election • Canvassed on 2009-05-02

Official Certified Canvass Outcome

FOR: 405 (56.0%)AGAINST: 318 (44.0%)

Total Ballots Cast on Proposition: 723

Authorized Bond Debt

$17.9M

Total 30-Yr Repayment

$27.2M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes SOUTH SAN ANTONIO ISD to issue $17,900,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $17,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SOUTH SAN ANTONIO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF