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Proposition ACity of San Angelo (Tom Green County)
PASSEDCity of San Angelo 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 City of San Angelo Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 7,438 (52.0%)AGAINST: 6,865 (48.0%)
Total Ballots Cast on Proposition: 14,303
Authorized Bond Debt
$40.7M
Total 30-Yr Repayment
$61.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of San Angelo to issue $40,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $40,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF SAN ANGELO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.