Back to Propositions Search
Proposition ACity of El Campo (Wharton County)
FAILEDCity of El Campo 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 City of El Campo Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 738 (50.0%)AGAINST: 738 (50.0%)
Total Ballots Cast on Proposition: 1,476
Authorized Bond Debt
$3.8M
Total 30-Yr Repayment
$5.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of El Campo to issue $3,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF EL CAMPO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.