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Proposition AMilam County (Milam County)
PASSEDMilam County 2017 Capital Infrastructure & Facility Improvement Bond Proposition
November 2017 Milam County General & Special Election • Canvassed on 2017-11-07
Official Certified Canvass Outcome
FOR: 1,336 (56.0%)AGAINST: 1,049 (44.0%)
Total Ballots Cast on Proposition: 2,385
Authorized Bond Debt
$7.1M
Total 30-Yr Repayment
$10.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Milam County to issue $7,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MILAM COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.