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Proposition ATown of Hollywood Park (Bexar County)
FAILEDTown of Hollywood Park 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 Town of Hollywood Park Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 206 (46.1%)AGAINST: 241 (53.9%)
Total Ballots Cast on Proposition: 447
Authorized Bond Debt
$2.5M
Total 30-Yr Repayment
$3.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Town of Hollywood Park to issue $2,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TOWN OF HOLLYWOOD PARK, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.