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PASSED
Harris-Waller Counties Municipal Utility District No. 5 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 Harris-Waller Counties Municipal Utility District No. 5 Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 296 (58.0%)AGAINST: 214 (42.0%)
Total Ballots Cast on Proposition: 510
Authorized Bond Debt
$2.9M
Total 30-Yr Repayment
$4.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Harris-Waller Counties Municipal Utility District No. 5 to issue $2,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HARRIS-WALLER COUNTIES MUNICIPAL UTILITY DISTRICT NO. 5, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.