Northeast Harris County Municipal Utility District #1 2018 Capital Infrastructure & Facility Improvement Bond Proposition

May 2018 Northeast Harris County Municipal Utility District #1 Uniform General & Special Election • Canvassed on 2018-05-05

Official Certified Canvass Outcome

FOR: 257 (63.0%)AGAINST: 151 (37.0%)

Total Ballots Cast on Proposition: 408

Authorized Bond Debt

$1.7M

Total 30-Yr Repayment

$2.6M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Northeast Harris County Municipal Utility District #1 to issue $1,700,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $1,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NORTHEAST HARRIS COUNTY MUNICIPAL UTILITY DISTRICT #1, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF