Back to Propositions Search
Proposition ACity of Denton (Denton County)
PASSEDCity of Denton 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 City of Denton Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 20,296 (62.0%)AGAINST: 12,439 (38.0%)
Total Ballots Cast on Proposition: 32,735
Authorized Bond Debt
$53.0M
Total 30-Yr Repayment
$80.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Denton to issue $53,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $53,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF DENTON, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.