Back to Propositions Search
Proposition ARICARDO ISD (Kleberg County)
FAILEDRICARDO ISD 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 RICARDO ISD Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 58 (47.1%)AGAINST: 65 (52.9%)
Total Ballots Cast on Proposition: 123
Authorized Bond Debt
$1.7M
Total 30-Yr Repayment
$2.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes RICARDO ISD to issue $1,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR RICARDO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.