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Proposition ASTAFFORD MSD (Fort bend County)
PASSEDSTAFFORD MSD 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 STAFFORD MSD Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 269 (51.0%)AGAINST: 259 (49.0%)
Total Ballots Cast on Proposition: 528
Authorized Bond Debt
$11.4M
Total 30-Yr Repayment
$17.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes STAFFORD MSD to issue $11,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR STAFFORD MSD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.