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Proposition AMartin County Hospital District (McMullen County)
PASSEDMartin County Hospital District 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 Martin County Hospital District Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 365 (62.0%)AGAINST: 224 (38.0%)
Total Ballots Cast on Proposition: 589
Authorized Bond Debt
$22.8M
Total 30-Yr Repayment
$34.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Martin County Hospital District to issue $22,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $22,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MARTIN COUNTY HOSPITAL DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.