Back to Propositions Search
Proposition AMilam County (Milam County)
PASSEDMilam County 2018 Capital Infrastructure & Facility Improvement Bond Proposition
November 2018 Milam County General & Special Election • Canvassed on 2018-11-06
Official Certified Canvass Outcome
FOR: 2,805 (63.0%)AGAINST: 1,648 (37.0%)
Total Ballots Cast on Proposition: 4,453
Authorized Bond Debt
$7.4M
Total 30-Yr Repayment
$11.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Milam County to issue $7,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MILAM COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.