Back to Propositions Search
Proposition ACity of Katy (Fort Bend County)
PASSEDCity of Katy 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 City of Katy Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 3,328 (63.0%)AGAINST: 1,954 (37.0%)
Total Ballots Cast on Proposition: 5,282
Authorized Bond Debt
$21.3M
Total 30-Yr Repayment
$32.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Katy to issue $21,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $21,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF KATY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.