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Proposition ACity of Royse City (Rockwall County)
PASSEDCity of Royse City 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 City of Royse City Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 1,274 (51.0%)AGAINST: 1,225 (49.0%)
Total Ballots Cast on Proposition: 2,499
Authorized Bond Debt
$6.8M
Total 30-Yr Repayment
$10.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Royse City to issue $6,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF ROYSE CITY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.