Medina County 2007 Capital Infrastructure & Facility Improvement Bond Proposition

November 2007 Medina County General & Special Election • Canvassed on 2007-11-06

Official Certified Canvass Outcome

FOR: 3,102 (47.0%)AGAINST: 3,497 (53.0%)

Total Ballots Cast on Proposition: 6,599

Authorized Bond Debt

$9.9M

Total 30-Yr Repayment

$15.0M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Medina County to issue $9,900,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $9,900,000 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