Guadalupe County MUD 17 voters could authorize $496.010 million in new bonds on Nov. 3, but the ballot alone would not set a taxpayer’s bill.
District taxpayers, rather than all Guadalupe County homeowners, would pay any MUD 17 property tax the board later levies. The executed election order puts system bonds, road bonds and an operations-tax ceiling in separate propositions. Those are different kinds of authority, and none states what a particular property owner will owe.
From the source record
The construction bars use the order’s inflation-adjusted estimates. Its lower base-construction estimates are alternative estimates, not additional spending.
The election order lists no district bonds outstanding and no debt-service tax rate at the time it was signed. The proposed borrowing limit is neither an existing debt balance nor a current tax charge.
What would the bonds cover?
Proposition C would authorize up to $394.855 million in new system bonds for water, wastewater and drainage facilities. Proposition D would authorize up to $101.155 million in new road bonds. The Guadalupe.News sum covers those two maximums. The order also includes refunding propositions E and F; those concern refinancing authority and should not be added to the new-construction total.
