Fayette County 2018 Capital Infrastructure & Facility Improvement Bond Proposition

November 2018 Fayette County General & Special Election • Canvassed on 2018-11-06

Official Certified Canvass Outcome

FOR: 1,406 (60.0%)AGAINST: 937 (40.0%)

Total Ballots Cast on Proposition: 2,343

Authorized Bond Debt

$9.6M

Total 30-Yr Repayment

$14.6M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Fayette County to issue $9,600,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $9,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FAYETTE COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF