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Proposition AYoung County (Young County)
PASSEDYoung County 2002 Capital Infrastructure & Facility Improvement Bond Proposition
November 2002 Young County General & Special Election • Canvassed on 2002-11-05
Official Certified Canvass Outcome
FOR: 1,672 (55.0%)AGAINST: 1,368 (45.0%)
Total Ballots Cast on Proposition: 3,040
Authorized Bond Debt
$2.5M
Total 30-Yr Repayment
$3.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Young County to issue $2,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR YOUNG COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.