Back to Propositions Search
Proposition ACity of Buda (Hays County)
PASSEDCity of Buda 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 City of Buda Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 1,510 (60.0%)AGAINST: 1,006 (40.0%)
Total Ballots Cast on Proposition: 2,516
Authorized Bond Debt
$7.7M
Total 30-Yr Repayment
$11.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Buda to issue $7,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF BUDA, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.