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Proposition AUME PREPARATORY ACADEMY (Dallas County)
FAILEDUME PREPARATORY ACADEMY 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 UME PREPARATORY ACADEMY Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 138 (50.0%)AGAINST: 138 (50.0%)
Total Ballots Cast on Proposition: 276
Authorized Bond Debt
$2.7M
Total 30-Yr Repayment
$4.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes UME PREPARATORY ACADEMY to issue $2,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR UME PREPARATORY ACADEMY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.