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Proposition ALAMAR CISD (Fort bend County)
PASSEDLAMAR CISD 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 LAMAR CISD Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 3,318 (50.0%)AGAINST: 3,317 (50.0%)
Total Ballots Cast on Proposition: 6,635
Authorized Bond Debt
$117.6M
Total 30-Yr Repayment
$178.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LAMAR CISD to issue $117,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $117,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LAMAR CISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.