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Proposition ACity of Leander (Williamson County)
PASSEDCity of Leander 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 City of Leander Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 4,552 (51.0%)AGAINST: 4,374 (49.0%)
Total Ballots Cast on Proposition: 8,926
Authorized Bond Debt
$30.6M
Total 30-Yr Repayment
$46.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Leander to issue $30,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $30,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF LEANDER, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.