BY MICHAEL CROUCHLEY
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If all propositions passed, the maximum property tax rate increase would be 2.90 cents, according to city documents. Rhodes-Whitley said the tax rate has only increased once in Plano due to a bond referendum in the last 20 years. In total, the city currently has $604.73 million of outstanding general obligation bonds and tax notes. Passage of all propositions would add $647.9 million in principal and approximately $291.5 million in interest over a 20-year period. Possible impact Based on current average home value in Plano of $579,554.
Propositions E, F and G are seeking funds for updates to the city’s fleet operations center, improvements at Schimelpfenig Library and various parks projects, respectively. Owens said that the current facility does not have high enough ceilings to work on larger city vehicles. She added that there is currently not enough storage for the city’s vehicles. The largest parks and recreation project would be an $11.59 million wholesale renovation of Schell Park, near the corner of Park Boulevard and Jupiter Road. The city would also spend $10 million of the bond funds on buying land for new city parkland, including in Lavon Farms—which is set to become a mixed-use development as part of Plano’s Envision Oak Point plan. Additionally, Proposition C would pay for a new police training facility.
Bond election amounts
$647M
2025
$363.96M
2017 2021 2013
$224.12M
+417.1%
$84.12M
$125.12M
2009
SOURCE: CITY OF PLANO/COMMUNITY IMPACT
The proposed bond originally sat at $700 million , a number council member Rick Horne admitted would be a “tough nut to sell,” to Plano voters. Budget Director Karen Rhodes-Whitley said that if any proposition fails, it’s “going to have to wait.” “In 2029, we’ll do another bond referen- dum, and we would have to bring it back up,” she said.
Current $0.4176 $1,936
Maximum $0.4466 $2,070
Tax rate Average annual taxes
SOURCE: CITY OF PLANO/COMMUNITY IMPACT
Vidal has been a dedicated advocate for the people, actively listening to residents and transforming their feedback into meaningful action. He remains committed to building a stronger, more connected Plano for every resident. Vidal is Plano-involved, Plano-informed, and the best candidate for Plano City Council, Place 8.
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PLANO SOUTH EDITION
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