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Proposition ACity of El Paso (El Paso County)
PASSEDCity of El Paso 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 City of El Paso Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 57,575 (54.0%)AGAINST: 49,046 (46.0%)
Total Ballots Cast on Proposition: 106,621
Authorized Bond Debt
$212.0M
Total 30-Yr Repayment
$322.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of El Paso to issue $212,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $212,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF EL PASO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.