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Proposition AEL CAMPO ISD (Wharton County)
PASSEDEL CAMPO ISD 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 EL CAMPO ISD Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 224 (50.9%)AGAINST: 216 (49.1%)
Total Ballots Cast on Proposition: 440
Authorized Bond Debt
$7.9M
Total 30-Yr Repayment
$12.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes EL CAMPO ISD to issue $7,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EL CAMPO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.