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 2013 Bond Election Overview

The City of Round Rock will hold a bond election on Tuesday, Nov. 5. There will be four propositions on the ballot.

  • Proposition 1 – $16.5 million for Fire Department facilities
  • Proposition 2 – $56.5 million for parks and recreation purposes
  • Proposition 3 – $23.2 million for library facilities
  • Proposition 4 – $27.4 million for police and fire training facilities

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 Commission’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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City of Round Rock | 221 East Main Street, Round Rock, Texas 78664 | Phone: (512) 218-5400
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