1.4 BILLION REASONS TO VOTE NO

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 Conroe ISD debt could surpass $1.4 billion under new bond

 

Onebilliondollar-300x200Conroe ISD Debt

Existing debt: $970 million

Paid in 2014-2015: $48 million

New debt issued in 2014-2015: $40 million (last of 2008 bond)

Interest to maturity on existing debt: $422 million

Debt with new bond, as-is: $1.49 billion

 

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