Medina County 2002 Capital Infrastructure & Facility Improvement Bond Proposition

November 2002 Medina County General & Special Election • Canvassed on 2002-11-05

Official Certified Canvass Outcome

FOR: 4,319 (62.0%)AGAINST: 2,647 (38.0%)

Total Ballots Cast on Proposition: 6,966

Authorized Bond Debt

$8.4M

Total 30-Yr Repayment

$12.8M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Medina County to issue $8,400,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $8,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MEDINA COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF