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Proposition AClay County (Clay County)
PASSEDClay County 2007 Capital Infrastructure & Facility Improvement Bond Proposition
November 2007 Clay County General & Special Election • Canvassed on 2007-11-06
Official Certified Canvass Outcome
FOR: 1,266 (54.0%)AGAINST: 1,078 (46.0%)
Total Ballots Cast on Proposition: 2,344
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 Clay 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 CLAY COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.