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Proposition ASPRING BRANCH ISD (Harris County)
FAILEDSPRING BRANCH ISD 2000 Capital Infrastructure & Facility Improvement Bond Proposition
May 2000 SPRING BRANCH ISD Uniform General & Special Election • Canvassed on 2000-05-06
Official Certified Canvass Outcome
FOR: 2,065 (48.0%)AGAINST: 2,237 (52.0%)
Total Ballots Cast on Proposition: 4,302
Authorized Bond Debt
$62.8M
Total 30-Yr Repayment
$95.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SPRING BRANCH ISD to issue $62,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $62,800,000 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.