Back to Propositions Search
PASSED
Kaufman County Municipal Utility District #3 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 Kaufman County Municipal Utility District #3 Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 153 (60.0%)AGAINST: 102 (40.0%)
Total Ballots Cast on Proposition: 255
Authorized Bond Debt
$2.3M
Total 30-Yr Repayment
$3.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Kaufman County Municipal Utility District #3 to issue $2,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KAUFMAN COUNTY MUNICIPAL UTILITY DISTRICT #3, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.