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Proposition ACity of Burleson (Johnson County)
PASSEDCity of Burleson 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 City of Burleson Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 3,779 (52.0%)AGAINST: 3,489 (48.0%)
Total Ballots Cast on Proposition: 7,268
Authorized Bond Debt
$23.7M
Total 30-Yr Repayment
$36.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Burleson to issue $23,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $23,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF BURLESON, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.