Medina County 2012 Capital Infrastructure & Facility Improvement Bond Proposition

November 2012 Medina County General & Special Election • Canvassed on 2012-11-06

Official Certified Canvass Outcome

FOR: 2,585 (47.0%)AGAINST: 2,914 (53.0%)

Total Ballots Cast on Proposition: 5,499

Authorized Bond Debt

$11.9M

Total 30-Yr Repayment

$18.1M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Medina County to issue $11,900,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $11,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MEDINA COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF