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Proposition ACity of Fort Worth (Tarrant County)
PASSEDCity of Fort Worth 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 City of Fort Worth Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 92,623 (52.0%)AGAINST: 85,498 (48.0%)
Total Ballots Cast on Proposition: 178,121
Authorized Bond Debt
$250.0M
Total 30-Yr Repayment
$380.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Fort Worth to issue $250,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $250,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF FORT WORTH, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.