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Proposition ABANDERA ISD (Bandera County)
PASSEDBANDERA ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 BANDERA ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 141 (56.2%)AGAINST: 110 (43.8%)
Total Ballots Cast on Proposition: 251
Authorized Bond Debt
$4.1M
Total 30-Yr Repayment
$6.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BANDERA ISD to issue $4,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BANDERA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.