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Proposition ALimestone County (Limestone County)
PASSEDLimestone County 2008 Capital Infrastructure & Facility Improvement Bond Proposition
November 2008 Limestone County General & Special Election • Canvassed on 2008-11-04
Official Certified Canvass Outcome
FOR: 1,455 (58.0%)AGAINST: 1,054 (42.0%)
Total Ballots Cast on Proposition: 2,509
Authorized Bond Debt
$4.3M
Total 30-Yr Repayment
$6.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Limestone County to issue $4,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LIMESTONE COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.