Palo Pinto County 2020 Capital Infrastructure & Facility Improvement Bond Proposition

November 2020 Palo Pinto County General & Special Election • Canvassed on 2020-11-03

Official Certified Canvass Outcome

FOR: 2,436 (46.0%)AGAINST: 2,859 (54.0%)

Total Ballots Cast on Proposition: 5,295

Authorized Bond Debt

$9.4M

Total 30-Yr Repayment

$14.3M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Palo Pinto County to issue $9,400,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $9,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PALO PINTO COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF