Back to Propositions Search
Proposition ACity of Edinburg (Hidalgo County)
PASSEDCity of Edinburg 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 City of Edinburg Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 8,843 (52.0%)AGAINST: 8,163 (48.0%)
Total Ballots Cast on Proposition: 17,006
Authorized Bond Debt
$23.8M
Total 30-Yr Repayment
$36.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Edinburg to issue $23,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $23,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF EDINBURG, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.