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Proposition ALA PORTE ISD (Harris County)
FAILEDLA PORTE ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 LA PORTE ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 577 (49.0%)AGAINST: 600 (51.0%)
Total Ballots Cast on Proposition: 1,177
Authorized Bond Debt
$28.9M
Total 30-Yr Repayment
$43.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LA PORTE ISD to issue $28,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $28,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LA PORTE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.