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Proposition ACity of Decatur (Wise County)
FAILEDCity of Decatur 2018 Capital Infrastructure & Facility Improvement Bond Proposition
May 2018 City of Decatur Uniform General & Special Election • Canvassed on 2018-05-05
Official Certified Canvass Outcome
FOR: 449 (47.0%)AGAINST: 507 (53.0%)
Total Ballots Cast on Proposition: 956
Authorized Bond Debt
$6.7M
Total 30-Yr Repayment
$10.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Decatur to issue $6,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $6,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF DECATUR, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.