Back to Propositions Search
Proposition ACity of Dripping Springs (Hays County)
PASSEDCity of Dripping Springs 2017 Capital Infrastructure & Facility Improvement Bond Proposition
May 2017 City of Dripping Springs Uniform General & Special Election • Canvassed on 2017-05-06
Official Certified Canvass Outcome
FOR: 916 (51.0%)AGAINST: 881 (49.0%)
Total Ballots Cast on Proposition: 1,797
Authorized Bond Debt
$5.3M
Total 30-Yr Repayment
$8.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Dripping Springs to issue $5,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF DRIPPING SPRINGS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.