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Proposition ACity of Krugerville (Denton County)
FAILEDCity of Krugerville 2022 Capital Infrastructure & Facility Improvement Bond Proposition
May 2022 City of Krugerville Uniform General & Special Election • Canvassed on 2022-05-07
Official Certified Canvass Outcome
FOR: 172 (46.9%)AGAINST: 195 (53.1%)
Total Ballots Cast on Proposition: 367
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 City of Krugerville 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 CITY OF KRUGERVILLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.