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Proposition ACity of Frisco (Collin County)
PASSEDCity of Frisco 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 City of Frisco Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 20,728 (54.0%)AGAINST: 17,658 (46.0%)
Total Ballots Cast on Proposition: 38,386
Authorized Bond Debt
$106.4M
Total 30-Yr Repayment
$161.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Frisco to issue $106,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $106,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF FRISCO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.