Back to Propositions Search
Proposition AKATY ISD (Harris County)
FAILEDKATY ISD 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 KATY ISD Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 8,942 (46.0%)AGAINST: 10,498 (54.0%)
Total Ballots Cast on Proposition: 19,440
Authorized Bond Debt
$213.4M
Total 30-Yr Repayment
$324.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes KATY ISD to issue $213,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $213,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KATY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.