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Proposition ATarrant County (Tarrant County)
PASSEDTarrant County 2012 Capital Infrastructure & Facility Improvement Bond Proposition
November 2012 Tarrant County General & Special Election • Canvassed on 2012-11-06
Official Certified Canvass Outcome
FOR: 136,304 (63.0%)AGAINST: 80,051 (37.0%)
Total Ballots Cast on Proposition: 216,355
Authorized Bond Debt
$179.4M
Total 30-Yr Repayment
$272.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Tarrant County to issue $179,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $179,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TARRANT COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.