Gillespie County 2012 Capital Infrastructure & Facility Improvement Bond Proposition

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

Official Certified Canvass Outcome

FOR: 2,716 (56.0%)AGAINST: 2,134 (44.0%)

Total Ballots Cast on Proposition: 4,850

Authorized Bond Debt

$9.1M

Total 30-Yr Repayment

$13.8M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Gillespie County to issue $9,100,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $9,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GILLESPIE COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF