Grayson County 2007 Capital Infrastructure & Facility Improvement Bond Proposition

November 2007 Grayson County General & Special Election • Canvassed on 2007-11-06

Official Certified Canvass Outcome

FOR: 7,265 (46.0%)AGAINST: 8,528 (54.0%)

Total Ballots Cast on Proposition: 15,793

Authorized Bond Debt

$18.0M

Total 30-Yr Repayment

$27.4M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Grayson County to issue $18,000,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $18,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GRAYSON COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF