Back to Propositions Search
Proposition ATown of Pleasant Valley (Wichita County)
FAILEDTown of Pleasant Valley 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 Town of Pleasant Valley Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 59 (48.4%)AGAINST: 63 (51.6%)
Total Ballots Cast on Proposition: 122
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 Town of Pleasant Valley 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 TOWN OF PLEASANT VALLEY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.