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Proposition ATEXAS COLLEGE PREPARATORY ACADEMIES (Taylor County)
FAILEDTEXAS COLLEGE PREPARATORY ACADEMIES 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 TEXAS COLLEGE PREPARATORY ACADEMIES Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 917 (49.0%)AGAINST: 954 (51.0%)
Total Ballots Cast on Proposition: 1,871
Authorized Bond Debt
$29.1M
Total 30-Yr Repayment
$44.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes TEXAS COLLEGE PREPARATORY ACADEMIES to issue $29,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $29,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TEXAS COLLEGE PREPARATORY ACADEMIES, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.