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Proposition ACity of Universal City (Bexar County)
FAILEDCity of Universal City 2023 Capital Infrastructure & Facility Improvement Bond Proposition
May 2023 City of Universal City Uniform General & Special Election • Canvassed on 2023-05-06
Official Certified Canvass Outcome
FOR: 926 (48.0%)AGAINST: 1,003 (52.0%)
Total Ballots Cast on Proposition: 1,929
Authorized Bond Debt
$9.9M
Total 30-Yr Repayment
$15.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Universal City to issue $9,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $9,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF UNIVERSAL CITY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.