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Proposition AKARNES CITY ISD (Karnes County)
FAILEDKARNES CITY ISD 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 KARNES CITY ISD Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 89 (46.8%)AGAINST: 101 (53.2%)
Total Ballots Cast on Proposition: 190
Authorized Bond Debt
$7.8M
Total 30-Yr Repayment
$11.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes KARNES CITY ISD to issue $7,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KARNES CITY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.