Back to Propositions Search
PASSED
Bulverde Area Rural Area Library District 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 Bulverde Area Rural Area Library District Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 327 (62.0%)AGAINST: 200 (38.0%)
Total Ballots Cast on Proposition: 527
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 Bulverde Area Rural Area Library District 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 BULVERDE AREA RURAL AREA LIBRARY DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.