Proposition B
Cypress-Fairbanks ISDTHIS IS A PROPERTY TAX INCREASE. The issuance of $1,299,520,000 of bonds for the improvement, capital renovation, repair and replacement, and equipment of and additions to existing school buildings in the District, for the purchase of new school buses, for the retrofitting of school buses with emergency, safety, or security equipment, and for the purchase or retrofitting of vehicles to be used for emergency, safety, or security purposes, and the levying of a tax sufficient to pay the principal of and interest on the bonds and to pay the costs of any credit agreements executed or authorized in anticipation of, in relation to or in connection with the bonds.
In plain English
Authorizes $1,299,520,000 in bonds for improvement, renovation, repair, replacement and equipment of existing school buildings, new school buses, and safety and security vehicles and equipment, repaid by property taxes.
A vote FOR means
The district may issue up to $1,299,520,000 in bonds for this purpose and levy taxes to repay them.
A vote AGAINST means
The district may not issue these bonds.
- Fiscal impact
- $1,299,520,000 principal; ballot states this is a property tax increase. Interest cost estimate not located.
Who supports
No public statements found. Searched Oct 20, 2026.
Who opposes
No public statements found. Searched Oct 20, 2026.