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Proposition AKRUM ISD (Denton County)
PASSEDKRUM ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 KRUM ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 274 (60.1%)AGAINST: 182 (39.9%)
Total Ballots Cast on Proposition: 456
Authorized Bond Debt
$8.6M
Total 30-Yr Repayment
$13.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes KRUM ISD to issue $8,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KRUM ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.