Montague County 2015 Capital Infrastructure & Facility Improvement Bond Proposition

November 2015 Montague County General & Special Election • Canvassed on 2015-11-03

Official Certified Canvass Outcome

FOR: 1,657 (53.0%)AGAINST: 1,469 (47.0%)

Total Ballots Cast on Proposition: 3,126

Authorized Bond Debt

$4.5M

Total 30-Yr Repayment

$6.8M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Montague County to issue $4,500,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $4,500,000 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