Panola County Emergency Services District #1 2020 Capital Infrastructure & Facility Improvement Bond Proposition

May 2020 Panola County Emergency Services District #1 Uniform General & Special Election • Canvassed on 2020-05-02

Official Certified Canvass Outcome

FOR: 202 (54.0%)AGAINST: 172 (46.0%)

Total Ballots Cast on Proposition: 374

Authorized Bond Debt

$3.6M

Total 30-Yr Repayment

$5.5M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Panola County Emergency Services District #1 to issue $3,600,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $3,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PANOLA COUNTY EMERGENCY SERVICES DISTRICT #1, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF