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Proposition ARockwall County (Rockwall County)
PASSEDRockwall County 2018 Capital Infrastructure & Facility Improvement Bond Proposition
November 2018 Rockwall County General & Special Election • Canvassed on 2018-11-06
Official Certified Canvass Outcome
FOR: 9,743 (58.0%)AGAINST: 7,055 (42.0%)
Total Ballots Cast on Proposition: 16,798
Authorized Bond Debt
$21.8M
Total 30-Yr Repayment
$33.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Rockwall County to issue $21,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $21,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ROCKWALL COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.