Austin County 2016 Capital Infrastructure & Facility Improvement Bond Proposition

November 2016 Austin County General & Special Election • Canvassed on 2016-11-08

Official Certified Canvass Outcome

FOR: 2,420 (51.0%)AGAINST: 2,325 (49.0%)

Total Ballots Cast on Proposition: 4,745

Authorized Bond Debt

$10.1M

Total 30-Yr Repayment

$15.4M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Austin County to issue $10,100,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $10,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR AUSTIN COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF