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Proposition ASULPHUR SPRINGS ISD (Hopkins County)
PASSEDSULPHUR SPRINGS ISD 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 SULPHUR SPRINGS ISD Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 410 (57.0%)AGAINST: 309 (43.0%)
Total Ballots Cast on Proposition: 719
Authorized Bond Debt
$10.5M
Total 30-Yr Repayment
$16.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes SULPHUR SPRINGS ISD to issue $10,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $10,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SULPHUR SPRINGS ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.