Polk County 2009 Capital Infrastructure & Facility Improvement Bond Proposition

November 2009 Polk County General & Special Election • Canvassed on 2009-11-03

Official Certified Canvass Outcome

FOR: 6,402 (59.0%)AGAINST: 4,449 (41.0%)

Total Ballots Cast on Proposition: 10,851

Authorized Bond Debt

$6.0M

Total 30-Yr Repayment

$9.1M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Polk County to issue $6,000,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $6,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR POLK COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF