Matagorda County 2006 Capital Infrastructure & Facility Improvement Bond Proposition

November 2006 Matagorda County General & Special Election • Canvassed on 2006-11-07

Official Certified Canvass Outcome

FOR: 2,486 (47.0%)AGAINST: 2,803 (53.0%)

Total Ballots Cast on Proposition: 5,289

Authorized Bond Debt

$6.4M

Total 30-Yr Repayment

$9.7M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Matagorda County to issue $6,400,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $6,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MATAGORDA COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF