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Proposition AHood County (Hood County)
FAILEDHood County 2009 Capital Infrastructure & Facility Improvement Bond Proposition
November 2009 Hood County General & Special Election • Canvassed on 2009-11-03
Official Certified Canvass Outcome
FOR: 6,272 (46.0%)AGAINST: 7,362 (54.0%)
Total Ballots Cast on Proposition: 13,634
Authorized Bond Debt
$10.3M
Total 30-Yr Repayment
$15.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Hood County to issue $10,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HOOD COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.