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Proposition ANorthtown Municipal Utility District (Travis County)
PASSEDNorthtown Municipal Utility District 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 Northtown Municipal Utility District Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 184 (54.1%)AGAINST: 156 (45.9%)
Total Ballots Cast on Proposition: 340
Authorized Bond Debt
$2.3M
Total 30-Yr Repayment
$3.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Northtown Municipal Utility District to issue $2,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NORTHTOWN MUNICIPAL UTILITY DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.