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Proposition ACity of Abilene (Taylor County)
FAILEDCity of Abilene 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 City of Abilene Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 10,702 (46.0%)AGAINST: 12,563 (54.0%)
Total Ballots Cast on Proposition: 23,265
Authorized Bond Debt
$46.7M
Total 30-Yr Repayment
$71.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Abilene to issue $46,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $46,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF ABILENE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.