Government
BY HEATHER MCCULLOUGH & JACOB VAUGHN
Flower Mound officials consider $112M bond A committee in Flower Mound has recommended a $112 million bond package to council. For the bond to make it on the May ballot, it will have to be approved by council. The details The proposed bond package includes $82 million for parks, trails and recreation projects in town, such as the expansion of the Community Activity Center, and $30 million to fix and maintain local streets. Flower Mound Mayor Cheryl Moore said the town’s strategy is to shift dedicated sales tax toward paying for operations and maintenance costs in town and pay for capital improvement projects through debt. “We have drastically aging infrastructure and amenities that we have to improve upon,” Moore said. “This places a strain on the town and our reserve funds.”
Argyle council calls for sales tax election A sales tax increase may be approved in the Belmont District if residents vote to increase the levy during the May 3 election. The overview Currently, Argyle levies 2% within the town limits, but only 1.25% within the Belmont Freshwater Supply District No. 2, which is within the town’s extraterritorial jurisdiction. By approving the sales tax levy to allow Argyle to collect 2% in this district, Argyle can then gain the additional sales tax revenue, which is used for infrastructure projects or town service enhancements. Additional revenue from sales tax collec- tions is expected to grow by over $100,000, if the increased levy is approved, according to town documents.
Funding breakdown
Parks, trails, and other parks and recreation projects: $82M Streets projects: $30M
$112M bond total
SOURCE: TOWN OF FLOWER MOUND/ COMMUNITY IMPACT
Some context The Blue Ribbon Bond Committee, a group that recommended bond projects to council, went through months of public engagement, which included in-person meetings and an online survey. Generally, survey participants were in favor of infrastructure improvements and expansions to park and recreation offerings in town. However, some raised concerns about financial implications of the bond.
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