Ellis County Municipal Utility District #1B 2001 Capital Infrastructure & Facility Improvement Bond Proposition

May 2001 Ellis County Municipal Utility District #1B Uniform General & Special Election • Canvassed on 2001-05-05

Official Certified Canvass Outcome

FOR: 281 (55.1%)AGAINST: 229 (44.9%)

Total Ballots Cast on Proposition: 510

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 Ellis County Municipal Utility District #1B 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 ELLIS COUNTY MUNICIPAL UTILITY DISTRICT #1B, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF