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Proposition AKERMIT ISD (Winkler County)
PASSEDKERMIT ISD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 KERMIT ISD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 70 (51.1%)AGAINST: 67 (48.9%)
Total Ballots Cast on Proposition: 137
Authorized Bond Debt
$4.4M
Total 30-Yr Repayment
$6.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes KERMIT ISD to issue $4,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KERMIT ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.