Back to Propositions Search
Proposition ACity of Commerce (Hunt County)
PASSEDCity of Commerce 2021 Capital Infrastructure & Facility Improvement Bond Proposition
May 2021 City of Commerce Uniform General & Special Election • Canvassed on 2021-05-01
Official Certified Canvass Outcome
FOR: 629 (59.0%)AGAINST: 437 (41.0%)
Total Ballots Cast on Proposition: 1,066
Authorized Bond Debt
$3.9M
Total 30-Yr Repayment
$5.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Commerce to issue $3,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF COMMERCE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.