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Proposition ACity of Sanger (Denton County)
PASSEDCity of Sanger 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 City of Sanger Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 703 (51.0%)AGAINST: 676 (49.0%)
Total Ballots Cast on Proposition: 1,379
Authorized Bond Debt
$6.3M
Total 30-Yr Repayment
$9.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Sanger to issue $6,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF SANGER, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.