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Proposition ACity of Farmers Branch (Dallas County)
PASSEDCity of Farmers Branch 2021 Capital Infrastructure & Facility Improvement Bond Proposition
May 2021 City of Farmers Branch Uniform General & Special Election • Canvassed on 2021-05-01
Official Certified Canvass Outcome
FOR: 3,595 (59.0%)AGAINST: 2,499 (41.0%)
Total Ballots Cast on Proposition: 6,094
Authorized Bond Debt
$39.0M
Total 30-Yr Repayment
$59.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Farmers Branch to issue $39,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $39,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF FARMERS BRANCH, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.