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Proposition ACity of Buda (Hays County)
PASSEDCity of Buda 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 City of Buda Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 1,001 (61.0%)AGAINST: 640 (39.0%)
Total Ballots Cast on Proposition: 1,641
Authorized Bond Debt
$12.9M
Total 30-Yr Repayment
$19.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Buda to issue $12,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $12,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF BUDA, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.