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Proposition ALA FERIA ISD (Cameron County)
PASSEDLA FERIA ISD 2022 Capital Infrastructure & Facility Improvement Bond Proposition
May 2022 LA FERIA ISD Uniform General & Special Election • Canvassed on 2022-05-07
Official Certified Canvass Outcome
FOR: 281 (59.9%)AGAINST: 188 (40.1%)
Total Ballots Cast on Proposition: 469
Authorized Bond Debt
$13.0M
Total 30-Yr Repayment
$19.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LA FERIA ISD to issue $13,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LA FERIA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.