Back to Propositions Search
Proposition ACole Ranch ID 2 of Denton County (Denton County)
PASSEDCole Ranch ID 2 of Denton County 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 Cole Ranch ID 2 of Denton County Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 130 (51.0%)AGAINST: 125 (49.0%)
Total Ballots Cast on Proposition: 255
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Cole Ranch ID 2 of Denton County to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR COLE RANCH ID 2 OF DENTON COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.