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Proposition ACity of Big Spring (Howard County)
PASSEDCity of Big Spring 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 City of Big Spring Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 1,600 (58.0%)AGAINST: 1,159 (42.0%)
Total Ballots Cast on Proposition: 2,759
Authorized Bond Debt
$11.5M
Total 30-Yr Repayment
$17.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Big Spring to issue $11,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF BIG SPRING, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.