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Proposition ABRAZOS RIVER CHARTER SCHOOL (Somervell County)
PASSEDBRAZOS RIVER CHARTER SCHOOL 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 BRAZOS RIVER CHARTER SCHOOL Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 73 (59.8%)AGAINST: 49 (40.2%)
Total Ballots Cast on Proposition: 122
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BRAZOS RIVER CHARTER SCHOOL to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BRAZOS RIVER CHARTER SCHOOL, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.