Back to Propositions Search
Proposition ACity of Waco (McLennan County)
FAILEDCity of Waco 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 City of Waco Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 9,113 (48.0%)AGAINST: 9,872 (52.0%)
Total Ballots Cast on Proposition: 18,985
Authorized Bond Debt
$58.3M
Total 30-Yr Repayment
$88.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Waco to issue $58,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $58,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF WACO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.