Ft. Bend County Municipal Utility District No. 232 2015 Capital Infrastructure & Facility Improvement Bond Proposition

May 2015 Ft. Bend County Municipal Utility District No. 232 Uniform General & Special Election • Canvassed on 2015-05-02

Official Certified Canvass Outcome

FOR: 242 (56.9%)AGAINST: 183 (43.1%)

Total Ballots Cast on Proposition: 425

Authorized Bond Debt

$1.5M

Total 30-Yr Repayment

$2.3M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Ft. Bend County Municipal Utility District No. 232 to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FT. BEND COUNTY MUNICIPAL UTILITY DISTRICT NO. 232, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF