Lamb County 2014 Capital Infrastructure & Facility Improvement Bond Proposition

November 2014 Lamb County General & Special Election • Canvassed on 2014-11-04

Official Certified Canvass Outcome

FOR: 604 (61.0%)AGAINST: 386 (39.0%)

Total Ballots Cast on Proposition: 990

Authorized Bond Debt

$3.2M

Total 30-Yr Repayment

$4.9M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Lamb County to issue $3,200,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $3,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LAMB COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF