Polk County 2001 Capital Infrastructure & Facility Improvement Bond Proposition

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

Official Certified Canvass Outcome

FOR: 6,864 (61.0%)AGAINST: 4,389 (39.0%)

Total Ballots Cast on Proposition: 11,253

Authorized Bond Debt

$4.2M

Total 30-Yr Repayment

$6.4M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Polk County to issue $4,200,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $4,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR POLK COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF