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Proposition AMISSION CISD (Hidalgo County)
PASSEDMISSION CISD 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 MISSION CISD Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 1,259 (61.0%)AGAINST: 805 (39.0%)
Total Ballots Cast on Proposition: 2,064
Authorized Bond Debt
$29.6M
Total 30-Yr Repayment
$45.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MISSION CISD to issue $29,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $29,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MISSION CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.