Bee County 2012 Capital Infrastructure & Facility Improvement Bond Proposition

November 2012 Bee County General & Special Election • Canvassed on 2012-11-06

Official Certified Canvass Outcome

FOR: 1,611 (49.0%)AGAINST: 1,677 (51.0%)

Total Ballots Cast on Proposition: 3,288

Authorized Bond Debt

$5.2M

Total 30-Yr Repayment

$7.9M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Bee County to issue $5,200,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $5,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BEE COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF