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Proposition ADallas Area Rapid Transit (Dallas County)
PASSEDDallas Area Rapid Transit 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 Dallas Area Rapid Transit Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 216,770 (60.0%)AGAINST: 144,514 (40.0%)
Total Ballots Cast on Proposition: 361,284
Authorized Bond Debt
$75.5M
Total 30-Yr Repayment
$114.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Dallas Area Rapid Transit to issue $75,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $75,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DALLAS AREA RAPID TRANSIT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.