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Proposition AMarion County (Marion County)
FAILEDMarion County 2015 Capital Infrastructure & Facility Improvement Bond Proposition
November 2015 Marion County General & Special Election • Canvassed on 2015-11-03
Official Certified Canvass Outcome
FOR: 989 (46.0%)AGAINST: 1,162 (54.0%)
Total Ballots Cast on Proposition: 2,151
Authorized Bond Debt
$1.9M
Total 30-Yr Repayment
$2.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Marion County to issue $1,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MARION COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.