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Proposition ACity of Wichita Falls (Wichita County)
FAILEDCity of Wichita Falls 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 City of Wichita Falls Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 9,238 (49.0%)AGAINST: 9,616 (51.0%)
Total Ballots Cast on Proposition: 18,854
Authorized Bond Debt
$24.7M
Total 30-Yr Repayment
$37.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Wichita Falls to issue $24,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $24,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF WICHITA FALLS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.