Galveston County 2018 Capital Infrastructure & Facility Improvement Bond Proposition

November 2018 Galveston County General & Special Election • Canvassed on 2018-11-06

Official Certified Canvass Outcome

FOR: 34,681 (51.0%)AGAINST: 33,321 (49.0%)

Total Ballots Cast on Proposition: 68,002

Authorized Bond Debt

$66.5M

Total 30-Yr Repayment

$101.1M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Galveston County to issue $66,500,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $66,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GALVESTON COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF