Medina County 2014 Capital Infrastructure & Facility Improvement Bond Proposition

November 2014 Medina County General & Special Election • Canvassed on 2014-11-04

Official Certified Canvass Outcome

FOR: 6,159 (56.0%)AGAINST: 4,840 (44.0%)

Total Ballots Cast on Proposition: 10,999

Authorized Bond Debt

$12.5M

Total 30-Yr Repayment

$19.0M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Medina County to issue $12,500,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $12,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MEDINA COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF