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FAILED
Kaufman Public Improvement District No. 3 2022 Capital Infrastructure & Facility Improvement Bond Proposition
May 2022 Kaufman Public Improvement District No. 3 Uniform General & Special Election • Canvassed on 2022-05-07
Official Certified Canvass Outcome
FOR: 167 (49.1%)AGAINST: 173 (50.9%)
Total Ballots Cast on Proposition: 340
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Kaufman Public Improvement District No. 3 to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KAUFMAN PUBLIC IMPROVEMENT DISTRICT NO. 3, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.