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Proposition AFreestone County (Freestone County)
FAILEDFreestone County 2008 Capital Infrastructure & Facility Improvement Bond Proposition
November 2008 Freestone County General & Special Election • Canvassed on 2008-11-04
Official Certified Canvass Outcome
FOR: 1,769 (46.0%)AGAINST: 2,076 (54.0%)
Total Ballots Cast on Proposition: 3,845
Authorized Bond Debt
$3.0M
Total 30-Yr Repayment
$4.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Freestone County to issue $3,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FREESTONE COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.