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Proposition AErath County (Erath County)
PASSEDErath County 2011 Capital Infrastructure & Facility Improvement Bond Proposition
November 2011 Erath County General & Special Election • Canvassed on 2011-11-08
Official Certified Canvass Outcome
FOR: 2,595 (51.0%)AGAINST: 2,494 (49.0%)
Total Ballots Cast on Proposition: 5,089
Authorized Bond Debt
$8.1M
Total 30-Yr Repayment
$12.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Erath County to issue $8,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ERATH COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.