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PASSED
East Montgomery County Improvement District 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 East Montgomery County Improvement District Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 145 (50.2%)AGAINST: 144 (49.8%)
Total Ballots Cast on Proposition: 289
Authorized Bond Debt
$3.6M
Total 30-Yr Repayment
$5.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes East Montgomery County Improvement District to issue $3,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR EAST MONTGOMERY COUNTY IMPROVEMENT DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.