Karnes County 2011 Capital Infrastructure & Facility Improvement Bond Proposition

November 2011 Karnes County General & Special Election • Canvassed on 2011-11-08

Official Certified Canvass Outcome

FOR: 497 (47.0%)AGAINST: 560 (53.0%)

Total Ballots Cast on Proposition: 1,057

Authorized Bond Debt

$9.6M

Total 30-Yr Repayment

$14.6M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Karnes County to issue $9,600,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $9,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR KARNES COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF