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Proposition ASHEPHERD ISD (San jacinto County)
FAILEDSHEPHERD ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 SHEPHERD ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 151 (49.0%)AGAINST: 157 (51.0%)
Total Ballots Cast on Proposition: 308
Authorized Bond Debt
$3.6M
Total 30-Yr Repayment
$5.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SHEPHERD ISD to issue $3,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SHEPHERD ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.