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Proposition ABurnet County (Burnet County)
FAILEDBurnet County 2012 Capital Infrastructure & Facility Improvement Bond Proposition
November 2012 Burnet County General & Special Election • Canvassed on 2012-11-06
Official Certified Canvass Outcome
FOR: 2,472 (48.0%)AGAINST: 2,679 (52.0%)
Total Ballots Cast on Proposition: 5,151
Authorized Bond Debt
$13.3M
Total 30-Yr Repayment
$20.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Burnet County to issue $13,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BURNET COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.