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Proposition AALIEF ISD (Harris County)
PASSEDALIEF ISD 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 ALIEF ISD Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 2,974 (60.0%)AGAINST: 1,982 (40.0%)
Total Ballots Cast on Proposition: 4,956
Authorized Bond Debt
$87.0M
Total 30-Yr Repayment
$132.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ALIEF ISD to issue $87,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $87,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ALIEF ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.