Martin County 2023 Capital Infrastructure & Facility Improvement Bond Proposition

November 2023 Martin County General & Special Election • Canvassed on 2023-11-07

Official Certified Canvass Outcome

FOR: 352 (51.0%)AGAINST: 338 (49.0%)

Total Ballots Cast on Proposition: 690

Authorized Bond Debt

$24.7M

Total 30-Yr Repayment

$37.5M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Martin County to issue $24,700,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $24,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MARTIN COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF