Back to Propositions Search
Proposition ACity of Sulphur Springs (Hopkins County)
PASSEDCity of Sulphur Springs 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 City of Sulphur Springs Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 1,116 (54.0%)AGAINST: 951 (46.0%)
Total Ballots Cast on Proposition: 2,067
Authorized Bond Debt
$6.9M
Total 30-Yr Repayment
$10.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Sulphur Springs to issue $6,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF SULPHUR SPRINGS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.