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Proposition ACity of Keller (Tarrant County)
FAILEDCity of Keller 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 City of Keller Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 2,807 (48.0%)AGAINST: 3,040 (52.0%)
Total Ballots Cast on Proposition: 5,847
Authorized Bond Debt
$18.1M
Total 30-Yr Repayment
$27.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Keller to issue $18,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $18,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF KELLER, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.