BY JACQUELYN BURRER
Mapping it out
W. FRONTIER PKWY.
1 Legacy Drive (Prosper Trail to Parvin) 2 Coleman Street (First to Gorgeous) 3 Gee Road (US 380 to FM 1385) 4 Teel Parkway (First to Freeman) 5 First Street (Craig to Coleman) 6 Prosper Trail (Legacy to DNT) 7 Legacy Drive (Star Trail to Legacy)
Prosper
N. COLEMAN ST.
1
PROSPER RD.
W. PROSPER TRL.
1385
9
N. CRAIG RD.
6
8
MCKINLEY ST.
7
FREEMAN WAY
LAKEWOOD DR.
8 Prosper Trail (Teel to Legacy) 9 Gorgeous (LIV to Coleman)
2
4
COUNTY RD.
FIRST ST.
10 Roundabout (at La Cima/First Street) 11 Roundabout (at Richland/Lakewood) 12 DNT frontage road (US 380 to Frontier)
5
LA CIMA BLVD.
10
12
11
3
380
MAP NOT TO SCALE N
Some context
More details
Although state law requires ballots to list each referendum as a tax increase, Scott said the proposed bond would not raise Prosper’s property tax rate, which was adopted at $0.505 per $100 valuation. “What we’re trying to do is hit that balance where we’re not putting a huge amount of assets in place way in advance of when we need them,” Scott said. “So we keep the tax rate reasonable, but at the same time, we promote future growth, and we support the growth that’s already here.”
The bond was rst proposed at $183.8 million but increased by $8.5 million after updated property appraisals expanded the town’s funding capacity. If approved, bond funding would be spent over the next eight years. As of September, Prosper has issued 70% of the funds from the 2020 bond, with 30% reserved for current and future projects. Scott said 70% of the 2020 package went toward street infrastructure, which allowed the 2025 bond committee to focus on other priorities. “[The bond package] is a little more evenly spread across all avenues of things,” Funk said.
Dates to know
Oct. 6 Voter registration deadline
Oct. 20-31 Early voting Nov. 4 Election Day
SOURCE: TOWN OF PROSPER COMMUNITY IMPACT
17
PROSPER CELINA EDITION
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