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Proposition ARAPOPORT ACADEMY PUBLIC SCHOOL (Mclennan County)
PASSEDRAPOPORT ACADEMY PUBLIC SCHOOL 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 RAPOPORT ACADEMY PUBLIC SCHOOL Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 91 (54.2%)AGAINST: 77 (45.8%)
Total Ballots Cast on Proposition: 168
Authorized Bond Debt
$2.5M
Total 30-Yr Repayment
$3.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes RAPOPORT ACADEMY PUBLIC SCHOOL to issue $2,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR RAPOPORT ACADEMY PUBLIC SCHOOL, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.