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Proposition AHITCHCOCK ISD (Galveston County)
PASSEDHITCHCOCK ISD 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 HITCHCOCK ISD Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 164 (62.1%)AGAINST: 100 (37.9%)
Total Ballots Cast on Proposition: 264
Authorized Bond Debt
$4.9M
Total 30-Yr Repayment
$7.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes HITCHCOCK ISD to issue $4,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HITCHCOCK ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.