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Proposition ABISHOP CISD (Nueces County)
FAILEDBISHOP CISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 BISHOP CISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 69 (47.3%)AGAINST: 77 (52.7%)
Total Ballots Cast on Proposition: 146
Authorized Bond Debt
$5.7M
Total 30-Yr Repayment
$8.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes BISHOP CISD to issue $5,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BISHOP CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.