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PASSED
Galveston County Municipal Utility District #56 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 Galveston County Municipal Utility District #56 Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 241 (59.1%)AGAINST: 167 (40.9%)
Total Ballots Cast on Proposition: 408
Authorized Bond Debt
$2.9M
Total 30-Yr Repayment
$4.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Galveston County Municipal Utility District #56 to issue $2,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GALVESTON COUNTY MUNICIPAL UTILITY DISTRICT #56, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.