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Proposition ACity of Deer Park (Harris County)
PASSEDCity of Deer Park 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 City of Deer Park Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 2,005 (57.0%)AGAINST: 1,513 (43.0%)
Total Ballots Cast on Proposition: 3,518
Authorized Bond Debt
$11.8M
Total 30-Yr Repayment
$17.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Deer Park to issue $11,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF DEER PARK, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.