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Proposition ALumberton Municipal Utility District (Hardin County)
FAILEDLumberton Municipal Utility District 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 Lumberton Municipal Utility District Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 200 (47.1%)AGAINST: 225 (52.9%)
Total Ballots Cast on Proposition: 425
Authorized Bond Debt
$2.9M
Total 30-Yr Repayment
$4.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Lumberton Municipal Utility District to issue $2,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LUMBERTON MUNICIPAL UTILITY DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.