Grayson County 2002 Capital Infrastructure & Facility Improvement Bond Proposition

November 2002 Grayson County General & Special Election • Canvassed on 2002-11-05

Official Certified Canvass Outcome

FOR: 12,746 (49.0%)AGAINST: 13,266 (51.0%)

Total Ballots Cast on Proposition: 26,012

Authorized Bond Debt

$15.1M

Total 30-Yr Repayment

$23.0M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Grayson County to issue $15,100,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $15,100,000 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