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Proposition AFRENSHIP ISD (Lubbock County)
PASSEDFRENSHIP ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 FRENSHIP ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 993 (55.0%)AGAINST: 813 (45.0%)
Total Ballots Cast on Proposition: 1,806
Authorized Bond Debt
$48.8M
Total 30-Yr Repayment
$74.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FRENSHIP ISD to issue $48,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $48,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FRENSHIP ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.