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Proposition ACity of Friendswood (Galveston County)
FAILEDCity of Friendswood 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 City of Friendswood Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 2,243 (47.0%)AGAINST: 2,530 (53.0%)
Total Ballots Cast on Proposition: 4,773
Authorized Bond Debt
$22.2M
Total 30-Yr Repayment
$33.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Friendswood to issue $22,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $22,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF FRIENDSWOOD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.