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Proposition ANORTH EAST ISD (Bexar County)
PASSEDNORTH EAST ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 NORTH EAST ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 5,225 (55.0%)AGAINST: 4,275 (45.0%)
Total Ballots Cast on Proposition: 9,500
Authorized Bond Debt
$153.4M
Total 30-Yr Repayment
$233.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NORTH EAST ISD to issue $153,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $153,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NORTH EAST ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.