What’s on the November ballot?
In November of odd-numbered years, Texans get the chance to vote on propositions for amendments to theTexas Constitution, in addition to a variety of local issues placed on the ballot by local governments. Sampleballots for Travis, Williamson, and Bastrop counties were not available in time for publication in this newsletter,so the information that follows may be incomplete for your precinct.
Travis County Bond Propositions 1 and 2 - $214.9 million (total)
Proposition 1: Roadway, Drainage, Bridge, Bike/Pedestrian ProjectsProjects in Proposition 1 are intended to improve mobility, decrease congestion and improve safety forvehicular, bicycle and pedestrian users on Travis County roads.Proposition 2: Parks and Land Conservation ProjectsProjects in Proposition 2 are intended to add to the quality of life of Travis County residents and visitors byproviding recreational infrastructure in County metro and greenway parks.
Lake Travis ISD Bond Proposal - $158.4 millionTexas Constitutional Amendment Propositions
Ten measures are certified for the for the November 8, 2011 ballot in the state of Texas. All measures arelegislatively-referred constitutional amendments. Topics considered: education, administration of governmentand taxes. For pros and cons on each amendment, please visit this link:http://www.scribd.com/doc/66451658/2011-Constitutional-Amendments(copies will be provided at Octobermeeting)
Proposition 1 (SJR 14): Property Tax Exemption for the Surviving Spouse of a Disabled VeteranThe Ballot Reads:
"The constitutional amendment authorizing the legislature to provide for an exemptionfrom ad valorem taxation of all or part of the market value of the residence homestead of the surviving spouseof a 100 percent or totally disabled veteran."
In 2007, Texas voters approved a constitutional amendment to allow for totally disabled veteransto receive a complete exemption from property taxes on their primary residence. Proposition 1 extends theproperty tax exemption for the residential homestead of totally disabled veteran to their surviving spouse uponthe death of the disabled veteran if the property the disabled veteran resided at received a completeexemption in the prior tax year, the surviving spouse is over 55 years old and has not remarried, and theproperty remains the residential homestead of the surviving spouse.
Proposition 2 (SJR 4): Provide the Texas Water Development Board Additional Bonding AuthorityThe Ballot Reads:
"The constitutional amendment providing for the issuance of additional general obligationbonds by the Texas Water Development Board in an amount not to exceed $6 billion at any time outstanding."
Proposition 2 will allow for the Texas Water Development Board to issue $6 billion in bonds toprovide for projects in the State Water Plan through the Texas Water Development Fund II. This constitutionalamendment will "evergreen" the bonding authority instead of requiring constitutional authority for future bondssubmitted to the voters when the bonds are paid off. As local governments repay their bond debts and retirethe debt, the Texas Water Development Board may re-issue additional bonds for future water projects up to anaggregate principal of $6 billion.
Proposition 3 (SJR 50): Authorize General Obligation Bonds to Finance Higher Education Loans toStudentsThe Ballot Reads:
"The constitutional amendment providing for the issuance of general obligation bonds of the State of Texas to finance educational loans to students."
Proposition 3 will allow for the Texas Higher Education Coordinating Board to issue and sellgeneral obligation bonds to finance student loans. The total amount of the bonds authorized must be less thanor equal to the total aggregate principal of previously authorized higher education student loan bonds, which iscalculated to be
$400 million by the Higher Education Coordinating Board.