Proposition Six takes two billion dollars from the state's rainy day fund and essentially sets up a bank, wth the goal of loaning money to communities for water projects at a lower interest rate than they can find now.
Wichita Falls Public Works Director Russell Schreiber says if passed the city will look at what the water board offers but in the past they have chosen to go a different route because of the red tape involved with borrowing the money.
There are 8 other propositions that will be voted on.
Click here to learn more about each issue.
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