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Proposition AFranklin County (Franklin County)
FAILEDFranklin County 2004 Capital Infrastructure & Facility Improvement Bond Proposition
November 2004 Franklin County General & Special Election • Canvassed on 2004-11-02
Official Certified Canvass Outcome
FOR: 813 (46.0%)AGAINST: 955 (54.0%)
Total Ballots Cast on Proposition: 1,768
Authorized Bond Debt
$2.0M
Total 30-Yr Repayment
$3.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Franklin County to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FRANKLIN COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.