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Proposition ARIO GRANDE CITY GRULLA ISD (Starr County)
FAILEDRIO GRANDE CITY GRULLA ISD 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 RIO GRANDE CITY GRULLA ISD Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 831 (46.0%)AGAINST: 976 (54.0%)
Total Ballots Cast on Proposition: 1,807
Authorized Bond Debt
$29.1M
Total 30-Yr Repayment
$44.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes RIO GRANDE CITY GRULLA ISD to issue $29,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $29,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR RIO GRANDE CITY GRULLA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.