Montague County 2017 Capital Infrastructure & Facility Improvement Bond Proposition

November 2017 Montague County General & Special Election • Canvassed on 2017-11-07

Official Certified Canvass Outcome

FOR: 1,474 (61.0%)AGAINST: 942 (39.0%)

Total Ballots Cast on Proposition: 2,416

Authorized Bond Debt

$4.8M

Total 30-Yr Repayment

$7.3M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Montague County to issue $4,800,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $4,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MONTAGUE COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF