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Proposition AFayette County (Fayette County)
PASSEDFayette County 2012 Capital Infrastructure & Facility Improvement Bond Proposition
November 2012 Fayette County General & Special Election • Canvassed on 2012-11-06
Official Certified Canvass Outcome
FOR: 2,750 (53.0%)AGAINST: 2,438 (47.0%)
Total Ballots Cast on Proposition: 5,188
Authorized Bond Debt
$7.8M
Total 30-Yr Repayment
$11.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Fayette County to issue $7,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FAYETTE COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.