Brazoria County Municipal Utility District No. 42 2019 Capital Infrastructure & Facility Improvement Bond Proposition

May 2019 Brazoria County Municipal Utility District No. 42 Uniform General & Special Election • Canvassed on 2019-05-04

Official Certified Canvass Outcome

FOR: 193 (54.1%)AGAINST: 164 (45.9%)

Total Ballots Cast on Proposition: 357

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 Brazoria County Municipal Utility District No. 42 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 BRAZORIA COUNTY MUNICIPAL UTILITY DISTRICT NO. 42, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF