Frio County 2012 Capital Infrastructure & Facility Improvement Bond Proposition

November 2012 Frio County General & Special Election • Canvassed on 2012-11-06

Official Certified Canvass Outcome

FOR: 1,218 (53.0%)AGAINST: 1,080 (47.0%)

Total Ballots Cast on Proposition: 2,298

Authorized Bond Debt

$4.5M

Total 30-Yr Repayment

$6.8M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Frio County to issue $4,500,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $4,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FRIO COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF