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Proposition ACity of Grand Prairie (Dallas County)
PASSEDCity of Grand Prairie 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 City of Grand Prairie Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 21,261 (52.0%)AGAINST: 19,625 (48.0%)
Total Ballots Cast on Proposition: 40,886
Authorized Bond Debt
$88.1M
Total 30-Yr Repayment
$133.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Grand Prairie to issue $88,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $88,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF GRAND PRAIRIE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.