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Proposition AYES PREP PUBLIC SCHOOLS INC (Harris County)
PASSEDYES PREP PUBLIC SCHOOLS INC 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 YES PREP PUBLIC SCHOOLS INC Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 1,670 (59.0%)AGAINST: 1,160 (41.0%)
Total Ballots Cast on Proposition: 2,830
Authorized Bond Debt
$73.8M
Total 30-Yr Repayment
$112.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes YES PREP PUBLIC SCHOOLS INC to issue $73,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $73,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR YES PREP PUBLIC SCHOOLS INC, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.