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Proposition AYoung County (Young County)
FAILEDYoung County 2007 Capital Infrastructure & Facility Improvement Bond Proposition
November 2007 Young County General & Special Election • Canvassed on 2007-11-06
Official Certified Canvass Outcome
FOR: 1,403 (48.0%)AGAINST: 1,520 (52.0%)
Total Ballots Cast on Proposition: 2,923
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 Young 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 YOUNG COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.