Harris County Improvement District #18 Defined Area #1 2020 Capital Infrastructure & Facility Improvement Bond Proposition

May 2020 Harris County Improvement District #18 Defined Area #1 Uniform General & Special Election • Canvassed on 2020-05-02

Official Certified Canvass Outcome

FOR: 233 (57.1%)AGAINST: 175 (42.9%)

Total Ballots Cast on Proposition: 408

Authorized Bond Debt

$2.0M

Total 30-Yr Repayment

$3.0M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Harris County Improvement District #18 Defined Area #1 to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HARRIS COUNTY IMPROVEMENT DISTRICT #18 DEFINED AREA #1, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF