Back to Propositions Search
Proposition AMCKINNEY ISD (Collin County)
FAILEDMCKINNEY ISD 2023 Capital Infrastructure & Facility Improvement Bond Proposition
May 2023 MCKINNEY ISD Uniform General & Special Election • Canvassed on 2023-05-06
Official Certified Canvass Outcome
FOR: 1,620 (50.0%)AGAINST: 1,620 (50.0%)
Total Ballots Cast on Proposition: 3,240
Authorized Bond Debt
$130.6M
Total 30-Yr Repayment
$198.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes MCKINNEY ISD to issue $130,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $130,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MCKINNEY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.