Back to Propositions Search
PASSED
New Caney Municipal Utility District 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 New Caney Municipal Utility District Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 225 (63.0%)AGAINST: 132 (37.0%)
Total Ballots Cast on Proposition: 357
Authorized Bond Debt
$1.7M
Total 30-Yr Repayment
$2.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes New Caney Municipal Utility District to issue $1,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NEW CANEY MUNICIPAL UTILITY DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.