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PASSED
Jefferson County Drainage District #7 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 Jefferson County Drainage District #7 Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 291 (57.1%)AGAINST: 219 (42.9%)
Total Ballots Cast on Proposition: 510
Authorized Bond Debt
$17.0M
Total 30-Yr Repayment
$25.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Jefferson County Drainage District #7 to issue $17,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $17,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR JEFFERSON COUNTY DRAINAGE DISTRICT #7, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.