Back to Propositions Search
FAILED
Harris County Municipal Utility District #438 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 Harris County Municipal Utility District #438 Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 155 (48.0%)AGAINST: 168 (52.0%)
Total Ballots Cast on Proposition: 323
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Harris County Municipal Utility District #438 to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HARRIS COUNTY MUNICIPAL UTILITY DISTRICT #438, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.