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Proposition APolk County (Polk County)
PASSEDPolk County 2017 Capital Infrastructure & Facility Improvement Bond Proposition
November 2017 Polk County General & Special Election • Canvassed on 2017-11-07
Official Certified Canvass Outcome
FOR: 5,217 (59.0%)AGAINST: 3,625 (41.0%)
Total Ballots Cast on Proposition: 8,842
Authorized Bond Debt
$8.6M
Total 30-Yr Repayment
$13.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Polk County to issue $8,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR POLK COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.