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FAILED
Montgomery County Municipal Utility District #113 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 Montgomery County Municipal Utility District #113 Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 158 (48.9%)AGAINST: 165 (51.1%)
Total Ballots Cast on Proposition: 323
Authorized Bond Debt
$3.9M
Total 30-Yr Repayment
$5.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Montgomery County Municipal Utility District #113 to issue $3,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT #113, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.