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PASSED
Somervell County Hospital District 2021 Capital Infrastructure & Facility Improvement Bond Proposition
May 2021 Somervell County Hospital District Uniform General & Special Election • Canvassed on 2021-05-01
Official Certified Canvass Outcome
FOR: 187 (57.9%)AGAINST: 136 (42.1%)
Total Ballots Cast on Proposition: 323
Authorized Bond Debt
$3.7M
Total 30-Yr Repayment
$5.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Somervell County Hospital District to issue $3,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SOMERVELL COUNTY HOSPITAL DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.