Back to Propositions Search
Proposition ACity of San Antonio (Bexar County)
FAILEDCity of San Antonio 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 City of San Antonio Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 116,997 (49.0%)AGAINST: 121,772 (51.0%)
Total Ballots Cast on Proposition: 238,769
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 San Antonio 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 SAN ANTONIO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.