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Proposition ACity of Leander (Williamson County)
PASSEDCity of Leander 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 City of Leander Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 7,885 (53.0%)AGAINST: 6,992 (47.0%)
Total Ballots Cast on Proposition: 14,877
Authorized Bond Debt
$32.6M
Total 30-Yr Repayment
$49.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Leander to issue $32,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $32,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF LEANDER, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.