Denton County 2008 Capital Infrastructure & Facility Improvement Bond Proposition

November 2008 Denton County General & Special Election • Canvassed on 2008-11-04

Official Certified Canvass Outcome

FOR: 59,328 (61.0%)AGAINST: 37,931 (39.0%)

Total Ballots Cast on Proposition: 97,259

Authorized Bond Debt

$111.3M

Total 30-Yr Repayment

$169.2M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Denton County to issue $111,300,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $111,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR DENTON COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF