Back to Propositions Search
Proposition AFORNEY ISD (Kaufman County)
PASSEDFORNEY ISD 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 FORNEY ISD Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 1,661 (62.0%)AGAINST: 1,018 (38.0%)
Total Ballots Cast on Proposition: 2,679
Authorized Bond Debt
$66.4M
Total 30-Yr Repayment
$100.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FORNEY ISD to issue $66,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $66,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FORNEY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.