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Proposition AKERRVILLE ISD (Kerr County)
PASSED

KERRVILLE ISD 2012 Capital Infrastructure & Facility Improvement Bond Proposition

May 2012 KERRVILLE ISD Uniform General & Special Election • Canvassed on 2012-05-05

Official Certified Canvass Outcome

FOR: 397 (51.0%)AGAINST: 382 (49.0%)
Total Ballots Cast on Proposition: 779
Authorized Bond Debt
$12.0M
Total 30-Yr Repayment
$18.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes KERRVILLE ISD to issue $12,000,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $12,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KERRVILLE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.
Download Official Certified Canvass PDF