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Proposition ASan Antonio River Authority (Bexar County)
PASSEDSan Antonio River Authority 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 San Antonio River Authority Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 278 (62.9%)AGAINST: 164 (37.1%)
Total Ballots Cast on Proposition: 442
Authorized Bond Debt
$20.7M
Total 30-Yr Repayment
$31.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes San Antonio River Authority to issue $20,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $20,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SAN ANTONIO RIVER AUTHORITY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.