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Proposition AReeves County (Reeves County)
PASSEDReeves County 2014 Capital Infrastructure & Facility Improvement Bond Proposition
November 2014 Reeves County General & Special Election • Canvassed on 2014-11-04
Official Certified Canvass Outcome
FOR: 880 (55.0%)AGAINST: 720 (45.0%)
Total Ballots Cast on Proposition: 1,600
Authorized Bond Debt
$41.5M
Total 30-Yr Repayment
$63.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Reeves County to issue $41,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $41,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR REEVES COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.