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Proposition ASAN BENITO CISD (Cameron County)
PASSEDSAN BENITO CISD 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 SAN BENITO CISD Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 634 (60.0%)AGAINST: 422 (40.0%)
Total Ballots Cast on Proposition: 1,056
Authorized Bond Debt
$22.5M
Total 30-Yr Repayment
$34.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SAN BENITO CISD to issue $22,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $22,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SAN BENITO CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.