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Proposition ARusk County (Rusk County)
PASSEDRusk County 2005 Capital Infrastructure & Facility Improvement Bond Proposition
November 2005 Rusk County General & Special Election • Canvassed on 2005-11-08
Official Certified Canvass Outcome
FOR: 3,175 (53.0%)AGAINST: 2,816 (47.0%)
Total Ballots Cast on Proposition: 5,991
Authorized Bond Debt
$6.3M
Total 30-Yr Repayment
$9.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Rusk County to issue $6,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR RUSK COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.