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Proposition ACity of Kerrville (Kerr County)
PASSEDCity of Kerrville 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 City of Kerrville Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 1,754 (54.0%)AGAINST: 1,494 (46.0%)
Total Ballots Cast on Proposition: 3,248
Authorized Bond Debt
$13.1M
Total 30-Yr Repayment
$19.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Kerrville to issue $13,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF KERRVILLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.