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Proposition AEDCOUCH-ELSA ISD (Hidalgo County)
PASSEDEDCOUCH-ELSA ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 EDCOUCH-ELSA ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 345 (58.0%)AGAINST: 250 (42.0%)
Total Ballots Cast on Proposition: 595
Authorized Bond Debt
$14.1M
Total 30-Yr Repayment
$21.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes EDCOUCH-ELSA ISD to issue $14,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $14,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EDCOUCH-ELSA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.