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Proposition ACity of Cedar Park (Williamson County)
FAILEDCity of Cedar Park 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 City of Cedar Park Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 8,096 (49.0%)AGAINST: 8,427 (51.0%)
Total Ballots Cast on Proposition: 16,523
Authorized Bond Debt
$48.2M
Total 30-Yr Repayment
$73.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Cedar Park to issue $48,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $48,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF CEDAR PARK, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.