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FAILED
Caldwell County Emergency Services District No. 5 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 Caldwell County Emergency Services District No. 5 Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 152 (47.1%)AGAINST: 171 (52.9%)
Total Ballots Cast on Proposition: 323
Authorized Bond Debt
$2.0M
Total 30-Yr Repayment
$3.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Caldwell County Emergency Services District No. 5 to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CALDWELL COUNTY EMERGENCY SERVICES DISTRICT NO. 5, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.