There will be no quick trip down the ballot for North Texas voters this November. Beyond a marquee Senate race and other statewide, legislative and county contests, local cities are pushing bonds and tax proposals.<\/p>\n
Voters<\/a> will decide whether to shift property tax revenue from debt payments to city operations. The overall rate would still fall by about 1 cent, to 67.99 cents per $100 of assessed value.\u00a0The money would support police officers, firefighters, 911 dispatchers and animal services workers, along with parks, libraries and city events. The ballot calls it a tax increase because the operating rate\u00a0would exceed the state threshold. If it fails, the rate would fall further, potentially requiring spending cuts, the city said.<\/p>\n The proposition would raise the property tax rate from 20.9534 cents in the city\u2019s base budget<\/a> to 22.0055 cents per $100 of taxable value. The measure would generate about $1.46 million annually for four police officers, two firefighters, improved firefighter pensions and residential-parking technology. The higher rate would add $193 annually for a home worth $1.8 million,\u00a0the city\u2019s median<\/a>. If voters reject it, the city would retain<\/a> a lower rate of 21.039 cents and not receive supplemental funding for the additions.<\/p>\n Voters<\/a> will consider five bond propositions totaling $90.5 million for streets, parks, public-safety facilities, a public-works complex and an animal shelter. Each will be decided separately. The city estimates<\/a> repayment with interest could total $145.5 million over 20 years. Approving all could add an estimated maximum of about $35 annually on a homestead with $350,000 in taxable value. Costs will depend on interest rates and home values.<\/p>\n","protected":false},"excerpt":{"rendered":"There will be no quick trip down the ballot for North Texas voters this November. Beyond a marquee…\n","protected":false},"author":2,"featured_media":456126,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[160,162,161,92330,89304,93544,100098],"class_list":["post-456125","post","type-post","status-publish","format-standard","has-post-thumbnail","category-plano","tag-plano","tag-plano-headlines","tag-plano-news","tag-tp-garland","tag-tp-university-park","tag-tp-voter-resources","tag-tp-wylie"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/456125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=456125"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/456125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/456126"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=456125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=456125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=456125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}