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Proposition ACity of Decatur (Wise County)
FAILEDCity of Decatur 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 City of Decatur Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 496 (49.0%)AGAINST: 516 (51.0%)
Total Ballots Cast on Proposition: 1,012
Authorized Bond Debt
$7.0M
Total 30-Yr Repayment
$10.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Decatur to issue $7,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,000,000 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.