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Proposition ABailey County (Bailey County)
PASSEDBailey County 2010 Capital Infrastructure & Facility Improvement Bond Proposition
November 2010 Bailey County General & Special Election • Canvassed on 2010-11-02
Official Certified Canvass Outcome
FOR: 386 (62.1%)AGAINST: 236 (37.9%)
Total Ballots Cast on Proposition: 622
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Bailey County to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BAILEY COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.