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Proposition APolk County (Polk County)
PASSEDPolk County 2010 Capital Infrastructure & Facility Improvement Bond Proposition
November 2010 Polk County General & Special Election • Canvassed on 2010-11-02
Official Certified Canvass Outcome
FOR: 7,226 (62.0%)AGAINST: 4,429 (38.0%)
Total Ballots Cast on Proposition: 11,655
Authorized Bond Debt
$6.2M
Total 30-Yr Repayment
$9.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Polk County to issue $6,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR POLK COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.