VOTE411 Voter Guide

PROPOSITION ATHIS IS A PROPERTY TAX INCREASE“The issuance of not to exceed $160,000,000 of Fredericksburg Independent School District school building bonds for the purposes of designing, constructing, renovating, improving, modernizing, expanding, upgrading, updating, acquiring, and equipping school facilities (and any necessary or related removal of existing facilities), and the purchase of buses and vehicles, and the levying of a tax sufficient to pay the principal of and interest on the bonds and the cost of any credit agreements.”Orange voter registration card details the elections for the voter residence address.Voters can mark the ballot FOR or AGAINST on the proposition.NOTE: The legislature passed a new law requiring school districts to include the language “THIS IS A PROPERTY TAX INCREASE”, even when the district is not expecting a rate increase. This is because the issuance of new bonds increases the term of debt repayments at the current rate. Even when bonds do not impact the tax rate, they elongate the repayment term at the current rate.