On Aug. 22, Round Rock City Council approved calling a bond election with four propositions totaling $123.6 million.
The propositions include capital improvement funding for public safety, parks and library facilities. According to city estimates, if all of the bonds are approved, the average city homeowner's property taxes could increase by $126–$132 annually, depending on when the bonds are issued and the interest rates at the time.
The maintenance and operation costs of the projects would also add approximately $96 in additional annual taxes.
The Nov. 5 election will represent the first bond proposal the city has put before voters since 2001 when an $89.9 million package was approved to fund public works, facilities and public safety improvements.
Proposition 1
The proposal would provide up to $16.5 million in bond revenue to fund three new fire stations, the relocation of Station No. 3 and the renovation of the department's Central Station.
Proposition 2
The proposal would provide up to $56.5 million in bond revenue to fund a new multifield sports complex and a softball complex at Old Settlers Park; expansion of the Rock 'n River Aquatic Center; upgrades and repairs at 10 neighborhood parks; and trail improvements and extensions along the Heritage, Brushy Creek and Lake Creek trails.
Proposition 3
The proposal would provide up to $23.2 million in bond revenue to fund a new main library as well as a branch library.
Proposition 4
The proposal would provide up to $27.4 million in bond revenue to fund the construction of a joint police and fire department training facility. The facility would be built on city-owned landed adjacent to the police department headquarters on North Mays Street.