Back to Propositions Search
Proposition ACOMPASS ACADEMY CHARTER SCHOOL (Ector County)
PASSEDCOMPASS ACADEMY CHARTER SCHOOL 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 COMPASS ACADEMY CHARTER SCHOOL Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 208 (56.1%)AGAINST: 163 (43.9%)
Total Ballots Cast on Proposition: 371
Authorized Bond Debt
$2.3M
Total 30-Yr Repayment
$3.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes COMPASS ACADEMY CHARTER SCHOOL to issue $2,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR COMPASS ACADEMY CHARTER SCHOOL, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.