Montgomery County Municipal Utility District #119 2023 Capital Infrastructure & Facility Improvement Bond Proposition

May 2023 Montgomery County Municipal Utility District #119 Uniform General & Special Election • Canvassed on 2023-05-06

Official Certified Canvass Outcome

FOR: 180 (52.9%)AGAINST: 160 (47.1%)

Total Ballots Cast on Proposition: 340

Authorized Bond Debt

$4.3M

Total 30-Yr Repayment

$6.5M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Montgomery County Municipal Utility District #119 to issue $4,300,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $4,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT #119, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF