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Proposition AKAUFMAN ISD (Kaufman County)
FAILEDKAUFMAN ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 KAUFMAN ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 337 (47.0%)AGAINST: 380 (53.0%)
Total Ballots Cast on Proposition: 717
Authorized Bond Debt
$17.7M
Total 30-Yr Repayment
$26.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes KAUFMAN ISD to issue $17,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $17,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KAUFMAN ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.