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Proposition AFORT BEND ISD (Fort bend County)
FAILEDFORT BEND ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 FORT BEND ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 7,389 (48.0%)AGAINST: 8,005 (52.0%)
Total Ballots Cast on Proposition: 15,394
Authorized Bond Debt
$147.7M
Total 30-Yr Repayment
$224.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FORT BEND ISD to issue $147,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $147,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FORT BEND ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.