Falls County 2012 Capital Infrastructure & Facility Improvement Bond Proposition

November 2012 Falls County General & Special Election • Canvassed on 2012-11-06

Official Certified Canvass Outcome

FOR: 1,017 (61.0%)AGAINST: 651 (39.0%)

Total Ballots Cast on Proposition: 1,668

Authorized Bond Debt

$3.0M

Total 30-Yr Repayment

$4.6M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Falls County to issue $3,000,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $3,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FALLS COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF