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Proposition AFRANKSTON ISD (Anderson County)
PASSEDFRANKSTON ISD 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 FRANKSTON ISD Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 82 (56.9%)AGAINST: 62 (43.1%)
Total Ballots Cast on Proposition: 144
Authorized Bond Debt
$3.9M
Total 30-Yr Repayment
$5.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes FRANKSTON ISD to issue $3,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FRANKSTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.