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Proposition ASherman County (Sherman County)
PASSEDSherman County 2008 Capital Infrastructure & Facility Improvement Bond Proposition
November 2008 Sherman County General & Special Election • Canvassed on 2008-11-04
Official Certified Canvass Outcome
FOR: 226 (59.0%)AGAINST: 157 (41.0%)
Total Ballots Cast on Proposition: 383
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 Sherman 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 SHERMAN COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.