Back to Propositions Search
Proposition AFORNEY ISD (Kaufman County)
PASSEDFORNEY ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 FORNEY ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 1,772 (63.0%)AGAINST: 1,040 (37.0%)
Total Ballots Cast on Proposition: 2,812
Authorized Bond Debt
$42.4M
Total 30-Yr Repayment
$64.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FORNEY ISD to issue $42,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $42,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FORNEY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.