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Proposition AKIPP TEXAS PUBLIC SCHOOLS (Travis County)
FAILEDKIPP TEXAS PUBLIC SCHOOLS 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 KIPP TEXAS PUBLIC SCHOOLS Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 2,425 (47.0%)AGAINST: 2,734 (53.0%)
Total Ballots Cast on Proposition: 5,159
Authorized Bond Debt
$113.5M
Total 30-Yr Repayment
$172.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes KIPP TEXAS PUBLIC SCHOOLS to issue $113,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $113,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KIPP TEXAS PUBLIC SCHOOLS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.