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Proposition ACity of Amarillo (Potter County)
PASSEDCity of Amarillo 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 City of Amarillo Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 18,010 (52.0%)AGAINST: 16,624 (48.0%)
Total Ballots Cast on Proposition: 34,634
Authorized Bond Debt
$78.7M
Total 30-Yr Repayment
$119.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Amarillo to issue $78,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $78,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF AMARILLO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.