Marion County 2001 Capital Infrastructure & Facility Improvement Bond Proposition

November 2001 Marion County General & Special Election • Canvassed on 2001-11-06

Official Certified Canvass Outcome

FOR: 482 (48.0%)AGAINST: 522 (52.0%)

Total Ballots Cast on Proposition: 1,004

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 Marion 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 MARION COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF