Madison County 2023 Capital Infrastructure & Facility Improvement Bond Proposition

November 2023 Madison County General & Special Election • Canvassed on 2023-11-07

Official Certified Canvass Outcome

FOR: 1,262 (58.0%)AGAINST: 914 (42.0%)

Total Ballots Cast on Proposition: 2,176

Authorized Bond Debt

$4.0M

Total 30-Yr Repayment

$6.1M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Madison County to issue $4,000,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $4,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MADISON COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF