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Proposition ACity of Kyle (Hays County)
PASSEDCity of Kyle 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 City of Kyle Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 4,642 (61.0%)AGAINST: 2,968 (39.0%)
Total Ballots Cast on Proposition: 7,610
Authorized Bond Debt
$18.8M
Total 30-Yr Repayment
$28.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Kyle to issue $18,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $18,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF KYLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.