City of Liberty 2003 Capital Infrastructure & Facility Improvement Bond Proposition

May 2003 City of Liberty Uniform General & Special Election • Canvassed on 2003-05-03

Official Certified Canvass Outcome

FOR: 968 (61.0%)AGAINST: 619 (39.0%)

Total Ballots Cast on Proposition: 1,587

Authorized Bond Debt

$2.4M

Total 30-Yr Repayment

$3.6M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes City of Liberty to issue $2,400,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $2,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF LIBERTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF