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Proposition ACity of Hillsboro (Hill County)
PASSEDCity of Hillsboro 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 City of Hillsboro Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 875 (58.0%)AGAINST: 634 (42.0%)
Total Ballots Cast on Proposition: 1,509
Authorized Bond Debt
$5.5M
Total 30-Yr Repayment
$8.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Hillsboro to issue $5,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF HILLSBORO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.