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Proposition ACity of Richardson (Dallas County)
PASSEDCity of Richardson 2017 Capital Infrastructure & Facility Improvement Bond Proposition
May 2017 City of Richardson Uniform General & Special Election • Canvassed on 2017-05-06
Official Certified Canvass Outcome
FOR: 15,202 (61.0%)AGAINST: 9,719 (39.0%)
Total Ballots Cast on Proposition: 24,921
Authorized Bond Debt
$84.0M
Total 30-Yr Repayment
$127.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Richardson to issue $84,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $84,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF RICHARDSON, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.