Burnet County 2002 Capital Infrastructure & Facility Improvement Bond Proposition

November 2002 Burnet County General & Special Election • Canvassed on 2002-11-05

Official Certified Canvass Outcome

FOR: 4,400 (46.0%)AGAINST: 5,166 (54.0%)

Total Ballots Cast on Proposition: 9,566

Authorized Bond Debt

$9.3M

Total 30-Yr Repayment

$14.1M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Burnet County to issue $9,300,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $9,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BURNET COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF