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PASSED
Denton County Fresh Water Supply District #6 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 Denton County Fresh Water Supply District #6 Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 221 (59.1%)AGAINST: 153 (40.9%)
Total Ballots Cast on Proposition: 374
Authorized Bond Debt
$1.7M
Total 30-Yr Repayment
$2.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Denton County Fresh Water Supply District #6 to issue $1,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DENTON COUNTY FRESH WATER SUPPLY DISTRICT #6, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.