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Proposition ASterling County (Sterling County)
PASSEDSterling County 2012 Capital Infrastructure & Facility Improvement Bond Proposition
November 2012 Sterling County General & Special Election • Canvassed on 2012-11-06
Official Certified Canvass Outcome
FOR: 92 (55.1%)AGAINST: 75 (44.9%)
Total Ballots Cast on Proposition: 167
Authorized Bond Debt
$1.6M
Total 30-Yr Repayment
$2.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Sterling County to issue $1,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR STERLING COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.