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Proposition ATitus County (Titus County)
PASSEDTitus County 2001 Capital Infrastructure & Facility Improvement Bond Proposition
November 2001 Titus County General & Special Election • Canvassed on 2001-11-06
Official Certified Canvass Outcome
FOR: 2,117 (51.0%)AGAINST: 2,033 (49.0%)
Total Ballots Cast on Proposition: 4,150
Authorized Bond Debt
$4.2M
Total 30-Yr Repayment
$6.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Titus County to issue $4,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TITUS COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.