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Proposition ACity of Snyder (Scurry County)
PASSEDCity of Snyder 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 City of Snyder Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 1,318 (62.0%)AGAINST: 808 (38.0%)
Total Ballots Cast on Proposition: 2,126
Authorized Bond Debt
$4.1M
Total 30-Yr Repayment
$6.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Snyder to issue $4,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF SNYDER, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.