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Proposition ACity of Sachse (Collin County)
FAILEDCity of Sachse 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 City of Sachse Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 2,891 (46.0%)AGAINST: 3,394 (54.0%)
Total Ballots Cast on Proposition: 6,285
Authorized Bond Debt
$7.4M
Total 30-Yr Repayment
$11.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Sachse to issue $7,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF SACHSE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.