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Proposition ACy-Champ PUD (Harris County)
PASSEDCy-Champ PUD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 Cy-Champ PUD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 643 (52.0%)AGAINST: 594 (48.0%)
Total Ballots Cast on Proposition: 1,237
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Cy-Champ PUD to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CY-CHAMP PUD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.