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Proposition AGregg County (Gregg County)
PASSEDGregg County 2008 Capital Infrastructure & Facility Improvement Bond Proposition
November 2008 Gregg County General & Special Election • Canvassed on 2008-11-04
Official Certified Canvass Outcome
FOR: 8,826 (62.0%)AGAINST: 5,409 (38.0%)
Total Ballots Cast on Proposition: 14,235
Authorized Bond Debt
$15.0M
Total 30-Yr Repayment
$22.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Gregg County to issue $15,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $15,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GREGG COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.