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FAILED
HARMONY PUBLIC SCHOOLS - CENTRAL TEXAS 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 HARMONY PUBLIC SCHOOLS - CENTRAL TEXAS Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 560 (50.0%)AGAINST: 560 (50.0%)
Total Ballots Cast on Proposition: 1,120
Authorized Bond Debt
$13.1M
Total 30-Yr Repayment
$19.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes HARMONY PUBLIC SCHOOLS - CENTRAL TEXAS to issue $13,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HARMONY PUBLIC SCHOOLS - CENTRAL TEXAS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.