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Proposition AKILGORE ISD (Gregg County)
PASSEDKILGORE ISD 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 KILGORE ISD Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 237 (57.1%)AGAINST: 178 (42.9%)
Total Ballots Cast on Proposition: 415
Authorized Bond Debt
$11.5M
Total 30-Yr Repayment
$17.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes KILGORE ISD to issue $11,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KILGORE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.