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Proposition ACity of Brownwood (Brown County)
FAILEDCity of Brownwood 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 City of Brownwood Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 938 (49.0%)AGAINST: 977 (51.0%)
Total Ballots Cast on Proposition: 1,915
Authorized Bond Debt
$6.1M
Total 30-Yr Repayment
$9.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Brownwood to issue $6,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF BROWNWOOD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.