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PASSED
Montgomery County Emergency Services District #8 2016 Capital Infrastructure & Facility Improvement Bond Proposition
May 2016 Montgomery County Emergency Services District #8 Uniform General & Special Election • Canvassed on 2016-05-07
Official Certified Canvass Outcome
FOR: 270 (61.1%)AGAINST: 172 (38.9%)
Total Ballots Cast on Proposition: 442
Authorized Bond Debt
$8.4M
Total 30-Yr Repayment
$12.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Montgomery County Emergency Services District #8 to issue $8,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MONTGOMERY COUNTY EMERGENCY SERVICES DISTRICT #8, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.