The City of Round Rock will hold a bond election on Tuesday, Nov. 5. There will be four propositions on the ballot.
If voters approved all four propositions, which total $123.6 million the impact to the owner of an average-value home (currently $181,526) could be around $11 a month after all the bonds are sold. That estimate is based on an assumption of 3 percent annual growth in property values, and bond interest rates ranging from 4.35 percent to 5.25 percent. For more details on the financial impact estimate, click here.
A Bond Advisory Commission met regularly from March through June to review projects that could be funded with bond proceeds. Commission Chair Mike Freeman presented the Commissionâ€™s recommendation (PDF) to the City Council on July 11.
Early voting will run from Oct. 21 to Nov. 1. For a complete list of early voting times and locations, and Nov. 5 election day polling places, click here.
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