Titus County 2015 Capital Infrastructure & Facility Improvement Bond Proposition

November 2015 Titus County General & Special Election • Canvassed on 2015-11-03

Official Certified Canvass Outcome

FOR: 2,888 (58.0%)AGAINST: 2,091 (42.0%)

Total Ballots Cast on Proposition: 4,979

Authorized Bond Debt

$6.6M

Total 30-Yr Repayment

$10.0M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Titus County to issue $6,600,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $6,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TITUS COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF