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Proposition ABANQUETE ISD (Nueces County)
PASSEDBANQUETE ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 BANQUETE ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 66 (53.7%)AGAINST: 57 (46.3%)
Total Ballots Cast on Proposition: 123
Authorized Bond Debt
$3.4M
Total 30-Yr Repayment
$5.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BANQUETE ISD to issue $3,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BANQUETE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.