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Proposition ASpring Branch Management District (Harris County)
PASSED

Spring Branch Management District 2016 Capital Infrastructure & Facility Improvement Bond Proposition

May 2016 Spring Branch Management District Uniform General & Special Election • Canvassed on 2016-05-07

Official Certified Canvass Outcome

FOR: 191 (59.1%)AGAINST: 132 (40.9%)
Total Ballots Cast on Proposition: 323
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 Spring Branch Management 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 SPRING BRANCH MANAGEMENT DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.
Download Official Certified Canvass PDF
Proposition A: Spring Branch Management District 2016 Capital Infrastructure & Facility Improvement Bond Proposition (Spring Branch Management District, TX) | YDHLGE