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Proposition ACity of Greenville (Hunt County)
PASSEDCity of Greenville 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 City of Greenville Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 2,462 (62.0%)AGAINST: 1,509 (38.0%)
Total Ballots Cast on Proposition: 3,971
Authorized Bond Debt
$16.8M
Total 30-Yr Repayment
$25.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Greenville to issue $16,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $16,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF GREENVILLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.