County commissioners call a $750M bond election to fund freeways, roads

by | May 17, 2018 | Latest

Collin County Commissioners last week called a $750 million bond election to fund freeways and arterial roads that address rapid growth expected to more than double the population of the county over the next 20 years.

The bond election is set for Nov. 6 and includes three propositions, $600 million for limited access roadways, $140 million for arterial roads and $10 for parks and open space improvements.

In addition, the county already has approval for $46 million in roadway spending but has not sold those bonds.

“We are moving this forward,” County Judge Keith Self said of calling the election.

Because of growth in Collin County, the proposed bonds are not expected to raise the county property tax rate. The county set its property tax rate the past two years at the level of the effective rate, the levy required to raise the same amount of revenue as the prior year and that resulted in tax rate decreases.

 

Joe Reavis • [email protected]

 

For the full story see the May 17 issue or subscribe online.

0 Comments

Related News

Sachse’s offense dominates in win

Sachse’s offense dominates in win

There wasn’t much the Sachse Mustangs couldn’t do to open district play.Sachse (2-2, 1-0) scored at will in the first half on their way to a 56-27 win over Lakeview Centennial (3-1, 0-1) Friday night. Alex Orji led the way offensively, gaining 402 yards total and...

read more
GISD offering virtual job fairs

GISD offering virtual job fairs

Garland ISD is now offering weekly virtual job fairs to connect principals with potential candidates. The job fairs are held every Tuesday from 4 p.m. until 7 p.m. and operate in a “come and go” manner. Recruitment coordinators Alex Rivera and Kishawna Wiggins said...

read more
Council approves city budget

Council approves city budget

Sachse City Council approved the 2021-22 budget and tax rate, amended the school zone ordinance and accepted the resignation of the city secretary during the Sept. 7 meeting. Before approving the budget, council held a public hearing so residents could voice any...

read more
Collin County announces recovery plan

Collin County announces recovery plan

Collin County officials recently published the Collin County Recovery Plan, a 22-page document detailing the projects the county intends to fund using American Rescue Plan Act (ARPA) funds. Along with ARPA funds, the plan includes State and Local Fiscal Recovery Funds...

read more
Fallfest returns in-person

Fallfest returns in-person

Sachse Fallfest will be a return to normal this as the chamber of commerce is planning a one-day, in-person event. Fallfest will be held from 10 a.m. to 5 p.m. Oct. 23 at Heritage Park and will incorporate some of the events included in last year’s Fallfest, which was...

read more
Remembering 9/11

Remembering 9/11

September 11, 2021 marks the 20th anniversary of the 9/11 terrorist attacks. On September 11, 2001, 19 militants associated with the Islamic extremist group al Queda hijacked four airliners and carried out suicide attacks against targets in the United States. Two...

read more
Abbott announces special session agenda

Abbott announces special session agenda

Gov. Greg Abbott announced Sept. 7 that a third special session begins on Sept. 20, with redistricting one of the issues to be considered. The session will include four other agenda items: American Rescue Plan Act appropriations, transgender athletes' participation in...

read more
Sachse’s three keys to beating Denton Braswell

Sachse’s three keys to beating Denton Braswell

Fresh off the first win of the season, the Sachse Mustangs have a short week of work. With a game on tonight and a holiday this past Monday, the Mustangs (1-1) had little practice time ahead of their home game against Denton Braswell (1-1). The Bengals come into the...

read more