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Proposition ACity of Carrollton (Denton County)
PASSEDCity of Carrollton 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 City of Carrollton Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 11,716 (53.0%)AGAINST: 10,390 (47.0%)
Total Ballots Cast on Proposition: 22,106
Authorized Bond Debt
$77.4M
Total 30-Yr Repayment
$117.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Carrollton to issue $77,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $77,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF CARROLLTON, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.