Bond elections wrap-up
Registered voters went to the polls in Texas for the May 10 election. On the ballot were 81 bond initiatives totaling $6.7 billion. Voters approved 69 initiatives totaling $5.99 Billion, most of them for Independent school districts. The largest was Cypress-Fairbanks ISD’s $1.2 billion initiative. More bond debt is set to be on the November ballot.
While voter turn-out was low, it is no surprise. Many voters didn’t know an election was underway. Even the editorial writers at the Houston Chronicle, the largest newspaper in the state and one of the largest in the country, admitted not knowing an election was set to consider $1.7 Billion in debt right there in the papers’ own backyard.
Like this post? Chip in $5 to AFP.