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Proposition ACLEVELAND ISD (Liberty County)
PASSEDCLEVELAND ISD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 CLEVELAND ISD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 1,340 (62.0%)AGAINST: 821 (38.0%)
Total Ballots Cast on Proposition: 2,161
Authorized Bond Debt
$33.4M
Total 30-Yr Repayment
$50.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CLEVELAND ISD to issue $33,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $33,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CLEVELAND ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.