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Proposition ABURNET CISD (Burnet County)
PASSEDBURNET CISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 BURNET CISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 261 (53.9%)AGAINST: 223 (46.1%)
Total Ballots Cast on Proposition: 484
Authorized Bond Debt
$5.9M
Total 30-Yr Repayment
$9.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BURNET CISD to issue $5,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BURNET CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.