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Proposition ATown of Highland Park (Dallas County)
PASSEDTown of Highland Park 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 Town of Highland Park Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 912 (51.0%)AGAINST: 876 (49.0%)
Total Ballots Cast on Proposition: 1,788
Authorized Bond Debt
$12.3M
Total 30-Yr Repayment
$18.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Town of Highland Park to issue $12,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $12,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TOWN OF HIGHLAND PARK, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.