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Proposition AErath County (Erath County)
PASSEDErath County 2008 Capital Infrastructure & Facility Improvement Bond Proposition
November 2008 Erath County General & Special Election • Canvassed on 2008-11-04
Official Certified Canvass Outcome
FOR: 3,584 (51.0%)AGAINST: 3,444 (49.0%)
Total Ballots Cast on Proposition: 7,028
Authorized Bond Debt
$7.3M
Total 30-Yr Repayment
$11.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Erath County to issue $7,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ERATH COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.