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Proposition AErath County (Erath County)
FAILEDErath County 2004 Capital Infrastructure & Facility Improvement Bond Proposition
November 2004 Erath County General & Special Election • Canvassed on 2004-11-02
Official Certified Canvass Outcome
FOR: 1,672 (46.0%)AGAINST: 1,963 (54.0%)
Total Ballots Cast on Proposition: 3,635
Authorized Bond Debt
$6.4M
Total 30-Yr Repayment
$9.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Erath County to issue $6,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ERATH COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.