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Proposition ACity of Nacogdoches (Nacogdoches County)
PASSEDCity of Nacogdoches 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 City of Nacogdoches Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 3,411 (60.0%)AGAINST: 2,274 (40.0%)
Total Ballots Cast on Proposition: 5,685
Authorized Bond Debt
$11.0M
Total 30-Yr Repayment
$16.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Nacogdoches to issue $11,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF NACOGDOCHES, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.