Rockwall County 2002 Capital Infrastructure & Facility Improvement Bond Proposition

November 2002 Rockwall County General & Special Election • Canvassed on 2002-11-05

Official Certified Canvass Outcome

FOR: 6,181 (46.0%)AGAINST: 7,257 (54.0%)

Total Ballots Cast on Proposition: 13,438

Authorized Bond Debt

$13.0M

Total 30-Yr Repayment

$19.8M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Rockwall County to issue $13,000,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $13,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ROCKWALL COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF