Back to Propositions Search
Proposition ASPRING BRANCH ISD (Harris County)
PASSEDSPRING BRANCH ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 SPRING BRANCH ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 2,031 (59.0%)AGAINST: 1,411 (41.0%)
Total Ballots Cast on Proposition: 3,442
Authorized Bond Debt
$123.6M
Total 30-Yr Repayment
$187.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SPRING BRANCH ISD to issue $123,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $123,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SPRING BRANCH ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.