Harris County Improvement District #18 Defined Area #1 2016 Capital Infrastructure & Facility Improvement Bond Proposition

May 2016 Harris County Improvement District #18 Defined Area #1 Uniform General & Special Election • Canvassed on 2016-05-07

Official Certified Canvass Outcome

FOR: 188 (46.1%)AGAINST: 220 (53.9%)

Total Ballots Cast on Proposition: 408

Authorized Bond Debt

$1.8M

Total 30-Yr Repayment

$2.7M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Harris County Improvement District #18 Defined Area #1 to issue $1,800,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $1,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HARRIS COUNTY IMPROVEMENT DISTRICT #18 DEFINED AREA #1, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF