Cameron County 2009 Capital Infrastructure & Facility Improvement Bond Proposition

November 2009 Cameron County General & Special Election • Canvassed on 2009-11-03

Official Certified Canvass Outcome

FOR: 27,361 (52.0%)AGAINST: 25,257 (48.0%)

Total Ballots Cast on Proposition: 52,618

Authorized Bond Debt

$41.4M

Total 30-Yr Repayment

$62.9M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Cameron County to issue $41,400,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $41,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CAMERON COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF