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Proposition ACity of Floresville (Wilson County)
PASSEDCity of Floresville 2017 Capital Infrastructure & Facility Improvement Bond Proposition
May 2017 City of Floresville Uniform General & Special Election • Canvassed on 2017-05-06
Official Certified Canvass Outcome
FOR: 909 (59.0%)AGAINST: 632 (41.0%)
Total Ballots Cast on Proposition: 1,541
Authorized Bond Debt
$4.0M
Total 30-Yr Repayment
$6.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Floresville to issue $4,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF FLORESVILLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.