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Proposition AFloyd County (Floyd County)
PASSEDFloyd County 2018 Capital Infrastructure & Facility Improvement Bond Proposition
November 2018 Floyd County General & Special Election • Canvassed on 2018-11-06
Official Certified Canvass Outcome
FOR: 231 (50.1%)AGAINST: 230 (49.9%)
Total Ballots Cast on Proposition: 461
Authorized Bond Debt
$1.6M
Total 30-Yr Repayment
$2.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Floyd County to issue $1,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR FLOYD COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.