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Proposition ACity of Abilene (Taylor County)
PASSEDCity of Abilene 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 City of Abilene Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 8,304 (58.0%)AGAINST: 6,013 (42.0%)
Total Ballots Cast on Proposition: 14,317
Authorized Bond Debt
$28.9M
Total 30-Yr Repayment
$43.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Abilene to issue $28,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $28,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF ABILENE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.