Round Rock Chamber Board Unanimously Approves Endorsement of the City of Round Rock $274M Bond Referendum
The Round Rock Chamber Board of Directors voted and unanimously approved an endorsement of the City of Round Rock Bond Referendum during its regular board meeting on February 23. The bond package includes new construction builds and renovations to parks, recreation and sports facilities, as well as public safety facilities.
ABOUT THE BOND:
On February 9, the Round Rock City Council called a bond election for $274 million in capital projects to be placed on the May 2023 ballot.
If approved by voters, the bond will invest $230 million in parks, recreation and sports, as well as $44 million in public safety.
HOW WILL THIS IMPACT TAXES?
If voters approve both propositions at $274 million, the total tax rate – including the debt rate and maintenance and operations rate – would have an eventual impact of $.069 on property taxes over the next five to seven years, with an estimated increase of $3-4 in monthly property taxes per year for the median homeowner.
The City Council passes an annual budget and determines the final property tax rate on an annual basis. The impact would be designed to be similar in scope to the impact of the 2013 General Obligation Bond program.
WHAT DOES THIS MEAN FOR ROUND ROCK?
Proposition A totals $230 million and covers parks, recreation and sports. Projects include:
- Citywide trails
- Clay Madsen remodel
- Sports Complex expansion
- Downtown park on Brushy Creek
- Play for All Park upgrades
- New active amenities in Old Settlers Parks
- Recreation center
- Multipurpose complex and tennis
- Lakeview pavilion
- Rock’ N River
- Systemwide infrastructure
Proposition B totals $44 million and covers public safety. Projects include:
- Public Safety Training Center
- Driving track
- Classroom expansion
- Fire Facilities
- Central Fire relocation
- Two new fire stations
The Round Rock Chamber is asking you to consider voting FOR Proposition A and Proposition B. Key election dates are:
- April 6: Voter Registration Deadline
- April 24 – May 2: Early Voting Period
- May 6: Election
Click here for more information on the May elections including voter registration, ballot lookups and polling locations.
For more information on the bond election or to donate to the Vote for Round Rock PAC, visit https://www.voteforroundrock.com/.
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