Medina County 2011 Capital Infrastructure & Facility Improvement Bond Proposition

November 2011 Medina County General & Special Election • Canvassed on 2011-11-08

Official Certified Canvass Outcome

FOR: 5,225 (57.0%)AGAINST: 3,941 (43.0%)

Total Ballots Cast on Proposition: 9,166

Authorized Bond Debt

$11.4M

Total 30-Yr Repayment

$17.3M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Medina County to issue $11,400,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $11,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MEDINA COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF