Back to Propositions Search
Proposition ATown of Flower Mound (Denton County)
PASSEDTown of Flower Mound 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 Town of Flower Mound Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 9,249 (57.0%)AGAINST: 6,977 (43.0%)
Total Ballots Cast on Proposition: 16,226
Authorized Bond Debt
$27.3M
Total 30-Yr Repayment
$41.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Town of Flower Mound to issue $27,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $27,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TOWN OF FLOWER MOUND, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.