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Proposition AFT SAM HOUSTON ISD (Bexar County)
PASSEDFT SAM HOUSTON ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 FT SAM HOUSTON ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 146 (63.2%)AGAINST: 85 (36.8%)
Total Ballots Cast on Proposition: 231
Authorized Bond Debt
$6.1M
Total 30-Yr Repayment
$9.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FT SAM HOUSTON ISD to issue $6,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FT SAM HOUSTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.