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Proposition AMidland County JCD (Midland County)
PASSEDMidland County JCD 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 Midland County JCD Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 20,115 (63.0%)AGAINST: 11,814 (37.0%)
Total Ballots Cast on Proposition: 31,929
Authorized Bond Debt
$23.6M
Total 30-Yr Repayment
$35.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Midland County JCD to issue $23,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $23,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MIDLAND COUNTY JCD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.