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Proposition AFranklin County (Franklin County)
PASSEDFranklin County 2012 Capital Infrastructure & Facility Improvement Bond Proposition
November 2012 Franklin County General & Special Election • Canvassed on 2012-11-06
Official Certified Canvass Outcome
FOR: 1,140 (62.0%)AGAINST: 699 (38.0%)
Total Ballots Cast on Proposition: 1,839
Authorized Bond Debt
$2.6M
Total 30-Yr Repayment
$4.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Franklin County to issue $2,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FRANKLIN COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.