Back to Propositions Search
Proposition ATown of Buffalo Gap (Taylor County)
PASSEDTown of Buffalo Gap 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 Town of Buffalo Gap Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 69 (53.1%)AGAINST: 61 (46.9%)
Total Ballots Cast on Proposition: 130
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Town of Buffalo Gap to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TOWN OF BUFFALO GAP, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.