Grayson County 2017 Capital Infrastructure & Facility Improvement Bond Proposition

November 2017 Grayson County General & Special Election • Canvassed on 2017-11-07

Official Certified Canvass Outcome

FOR: 6,243 (48.0%)AGAINST: 6,763 (52.0%)

Total Ballots Cast on Proposition: 13,006

Authorized Bond Debt

$24.6M

Total 30-Yr Repayment

$37.4M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Grayson County to issue $24,600,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $24,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GRAYSON COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF