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Proposition ARICHARDSON ISD (Dallas County)
PASSEDRICHARDSON ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 RICHARDSON ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 4,144 (58.0%)AGAINST: 3,000 (42.0%)
Total Ballots Cast on Proposition: 7,144
Authorized Bond Debt
$163.3M
Total 30-Yr Repayment
$248.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes RICHARDSON ISD to issue $163,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $163,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR RICHARDSON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.