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Proposition AWebb County (Webb County)
PASSEDWebb County 2018 Capital Infrastructure & Facility Improvement Bond Proposition
November 2018 Webb County General & Special Election • Canvassed on 2018-11-06
Official Certified Canvass Outcome
FOR: 17,312 (58.0%)AGAINST: 12,536 (42.0%)
Total Ballots Cast on Proposition: 29,848
Authorized Bond Debt
$57.7M
Total 30-Yr Repayment
$87.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Webb County to issue $57,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $57,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR WEBB COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.