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Proposition ABROWNSVILLE ISD (Cameron County)
PASSEDBROWNSVILLE ISD 2017 Capital Infrastructure & Facility Improvement Bond Proposition
May 2017 BROWNSVILLE ISD Uniform General & Special Election • Canvassed on 2017-05-06
Official Certified Canvass Outcome
FOR: 3,727 (57.0%)AGAINST: 2,811 (43.0%)
Total Ballots Cast on Proposition: 6,538
Authorized Bond Debt
$146.9M
Total 30-Yr Repayment
$223.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BROWNSVILLE ISD to issue $146,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $146,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BROWNSVILLE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.