LIBERTY ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition

May 2012 LIBERTY ISD Uniform General & Special Election • Canvassed on 2012-05-05

Official Certified Canvass Outcome

FOR: 226 (51.0%)AGAINST: 217 (49.0%)

Total Ballots Cast on Proposition: 443

Authorized Bond Debt

$6.6M

Total 30-Yr Repayment

$10.0M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes LIBERTY ISD to issue $6,600,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $6,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LIBERTY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF