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Proposition ACity of DeSoto (Dallas County)
PASSEDCity of DeSoto 2021 Capital Infrastructure & Facility Improvement Bond Proposition
May 2021 City of DeSoto Uniform General & Special Election • Canvassed on 2021-05-01
Official Certified Canvass Outcome
FOR: 7,412 (62.0%)AGAINST: 4,543 (38.0%)
Total Ballots Cast on Proposition: 11,955
Authorized Bond Debt
$25.7M
Total 30-Yr Repayment
$39.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of DeSoto to issue $25,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $25,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF DESOTO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.