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Proposition ACity of Graham (Young County)
FAILEDCity of Graham 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 City of Graham Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 915 (49.0%)AGAINST: 952 (51.0%)
Total Ballots Cast on Proposition: 1,867
Authorized Bond Debt
$2.1M
Total 30-Yr Repayment
$3.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Graham to issue $2,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF GRAHAM, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.