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Proposition AGregg County (Gregg County)
PASSEDGregg County 2015 Capital Infrastructure & Facility Improvement Bond Proposition
November 2015 Gregg County General & Special Election • Canvassed on 2015-11-03
Official Certified Canvass Outcome
FOR: 6,182 (57.0%)AGAINST: 4,664 (43.0%)
Total Ballots Cast on Proposition: 10,846
Authorized Bond Debt
$19.0M
Total 30-Yr Repayment
$28.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Gregg County to issue $19,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $19,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GREGG COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.