Moore County 2016 Capital Infrastructure & Facility Improvement Bond Proposition

November 2016 Moore County General & Special Election • Canvassed on 2016-11-08

Official Certified Canvass Outcome

FOR: 1,363 (61.0%)AGAINST: 872 (39.0%)

Total Ballots Cast on Proposition: 2,235

Authorized Bond Debt

$5.0M

Total 30-Yr Repayment

$7.6M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Moore County to issue $5,000,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $5,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MOORE COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF