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Proposition ACity of Roanoke (Denton County)
PASSEDCity of Roanoke 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 City of Roanoke Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 889 (60.0%)AGAINST: 593 (40.0%)
Total Ballots Cast on Proposition: 1,482
Authorized Bond Debt
$11.0M
Total 30-Yr Repayment
$16.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Roanoke to issue $11,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF ROANOKE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.