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Proposition ACity of Huntsville (Walker County)
PASSEDCity of Huntsville 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 City of Huntsville Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 4,757 (57.0%)AGAINST: 3,588 (43.0%)
Total Ballots Cast on Proposition: 8,345
Authorized Bond Debt
$9.9M
Total 30-Yr Repayment
$15.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Huntsville to issue $9,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $9,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF HUNTSVILLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.