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Proposition APLANO ISD (Collin County)
PASSEDPLANO ISD 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 PLANO ISD Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 5,841 (63.0%)AGAINST: 3,430 (37.0%)
Total Ballots Cast on Proposition: 9,271
Authorized Bond Debt
$212.2M
Total 30-Yr Repayment
$322.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PLANO ISD to issue $212,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $212,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PLANO ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.