Back to Propositions Search
PASSED
Travis County Municipal Utility District #16 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 Travis County Municipal Utility District #16 Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 291 (59.0%)AGAINST: 202 (41.0%)
Total Ballots Cast on Proposition: 493
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Travis County Municipal Utility District #16 to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TRAVIS COUNTY MUNICIPAL UTILITY DISTRICT #16, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.