Back to Propositions Search
Proposition AKingsland Municipal Utility District (Llano County)
PASSEDKingsland Municipal Utility District 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 Kingsland Municipal Utility District Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 286 (56.1%)AGAINST: 224 (43.9%)
Total Ballots Cast on Proposition: 510
Authorized Bond Debt
$2.0M
Total 30-Yr Repayment
$3.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Kingsland Municipal Utility District to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KINGSLAND MUNICIPAL UTILITY DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.