Round Rock voters authorize most significant bond plan in city history

ROUND ROCK, Texas (BNN) - - Round Rock citizens authorized a $274 million bond bundle in the May 6 election, making it the city's biggest bond package in history and the very first one to be authorized given that 2013.

The basic obligation bonds will approach lifestyle and public safety tasks throughout the city.

Where's the money going?

The city of Round Rock developed a web page for Bond 2023 that lays out the information of the bond bundle, the timeline of planning occasions, and the impact on property taxes.

The largest part of the money, $230 million, will approach lifestyle projects like hike and bike trails, a brand-new park in downtown, and enhancements to Old Settlers park. The improvements include a brand-new recreation center with an indoor gym and outside track, a newer and bigger Lakeview Pavilion with an irreversible stage, and the building and construction of 6 brand-new fields in the multipurpose complex.

The other $44 million will approach public security projects. The city will broaden its Public Safety Training Center to consist of a training track and broaden the classroom sizes. The center is utilized by police and fire and can host police from beyond the city.

The public security money will likewise go toward building of two brand-new fire stations in the northern part of the city and a relocation of an existing station to a more central area of town.

There is a more comprehensive description of each project found on the city's site.

"It's a bond bundle for all. I think it's lifestyle issues, it's public safety problems, however I do value all the remarkable work that staff has put in," mayor pro-tem Rene Flores said throughout a February city council meeting in which council all required a bond election.

"We understand that the city is still growing and we must comprehend that we require to be all set for that development," said city council member Frank Ortega throughout that very same conference.

Influence on your taxes

The city's tax rate is anticipated to be affected by about seven cents over the next five-to-seven years. The city is estimating it will cost the median property owner an extra $3-4 per month on their property taxes annually.