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Proposition ACity of La Feria (Cameron County)
FAILEDCity of La Feria 2023 Capital Infrastructure & Facility Improvement Bond Proposition
May 2023 City of La Feria Uniform General & Special Election • Canvassed on 2023-05-06
Official Certified Canvass Outcome
FOR: 440 (46.0%)AGAINST: 517 (54.0%)
Total Ballots Cast on Proposition: 957
Authorized Bond Debt
$3.1M
Total 30-Yr Repayment
$4.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of La Feria to issue $3,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF LA FERIA, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.