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Proposition AORENDA CHARTER SCHOOL (Bell County)
FAILEDORENDA CHARTER SCHOOL 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 ORENDA CHARTER SCHOOL Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 112 (50.0%)AGAINST: 112 (50.0%)
Total Ballots Cast on Proposition: 224
Authorized Bond Debt
$4.9M
Total 30-Yr Repayment
$7.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ORENDA CHARTER SCHOOL to issue $4,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ORENDA CHARTER SCHOOL, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.