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Proposition ALITTLE CYPRESS-MAURICEVILLE CISD (Orange County)
PASSEDLITTLE CYPRESS-MAURICEVILLE CISD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 LITTLE CYPRESS-MAURICEVILLE CISD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 330 (58.0%)AGAINST: 239 (42.0%)
Total Ballots Cast on Proposition: 569
Authorized Bond Debt
$11.1M
Total 30-Yr Repayment
$16.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LITTLE CYPRESS-MAURICEVILLE CISD to issue $11,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LITTLE CYPRESS-MAURICEVILLE CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.