Back to Propositions Search
Proposition ACity of Plano (Collin County)
PASSEDCity of Plano 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 City of Plano Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 26,261 (58.0%)AGAINST: 19,017 (42.0%)
Total Ballots Cast on Proposition: 45,278
Authorized Bond Debt
$111.7M
Total 30-Yr Repayment
$169.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Plano to issue $111,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $111,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF PLANO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.