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Proposition ANAVASOTA ISD (Grimes County)
PASSEDNAVASOTA ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 NAVASOTA ISD Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 164 (54.9%)AGAINST: 135 (45.1%)
Total Ballots Cast on Proposition: 299
Authorized Bond Debt
$10.4M
Total 30-Yr Repayment
$15.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NAVASOTA ISD to issue $10,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NAVASOTA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.