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Proposition ACOLLEGE STATION ISD (Brazos County)
PASSEDCOLLEGE STATION ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 COLLEGE STATION ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 1,793 (63.0%)AGAINST: 1,053 (37.0%)
Total Ballots Cast on Proposition: 2,846
Authorized Bond Debt
$36.2M
Total 30-Yr Repayment
$55.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes COLLEGE STATION ISD to issue $36,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $36,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR COLLEGE STATION ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.