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Proposition AMontgomery County (Montgomery County)
PASSEDMontgomery County 2011 Capital Infrastructure & Facility Improvement Bond Proposition
November 2011 Montgomery County General & Special Election • Canvassed on 2011-11-08
Official Certified Canvass Outcome
FOR: 43,809 (56.0%)AGAINST: 34,421 (44.0%)
Total Ballots Cast on Proposition: 78,230
Authorized Bond Debt
$116.0M
Total 30-Yr Repayment
$176.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Montgomery County to issue $116,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $116,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MONTGOMERY COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.