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Proposition AKEMP ISD (Kaufman County)
PASSEDKEMP ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 KEMP ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 234 (63.1%)AGAINST: 137 (36.9%)
Total Ballots Cast on Proposition: 371
Authorized Bond Debt
$8.3M
Total 30-Yr Repayment
$12.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes KEMP ISD to issue $8,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KEMP ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.