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Proposition APRAIRILAND ISD (Lamar County)
PASSEDPRAIRILAND ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 PRAIRILAND ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 72 (60.0%)AGAINST: 48 (40.0%)
Total Ballots Cast on Proposition: 120
Authorized Bond Debt
$5.2M
Total 30-Yr Repayment
$7.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PRAIRILAND ISD to issue $5,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PRAIRILAND ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.