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Proposition APEARLAND ISD (Brazoria County)
PASSEDPEARLAND ISD 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 PEARLAND ISD Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 2,039 (52.0%)AGAINST: 1,883 (48.0%)
Total Ballots Cast on Proposition: 3,922
Authorized Bond Debt
$52.0M
Total 30-Yr Repayment
$79.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PEARLAND ISD to issue $52,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $52,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PEARLAND ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.