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Proposition ACity of Weslaco (Hidalgo County)
PASSEDCity of Weslaco 2017 Capital Infrastructure & Facility Improvement Bond Proposition
May 2017 City of Weslaco Uniform General & Special Election • Canvassed on 2017-05-06
Official Certified Canvass Outcome
FOR: 3,567 (52.0%)AGAINST: 3,293 (48.0%)
Total Ballots Cast on Proposition: 6,860
Authorized Bond Debt
$16.0M
Total 30-Yr Repayment
$24.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Weslaco to issue $16,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $16,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF WESLACO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.