CC MEETING: February 3, 2026
DATE: January 20, 2026
TO: Erin Rinehart, City Manager
FROM: Diana K. Vaughn, Chief Financial Officer
Chrystal K. Davis, Assistant City Manager
Title
Consider An Ordinance Ordering A Special Election For Bond Propositions To Be Held On The 2nd Day Of May, 2026, In The City Of Carrollton, Texas.
Body
BACKGROUND:
The Capital Improvements Plan Advisory Committee (CIPAC) presented its recommendation for citywide capital improvement projects for a May 2026 bond election to the City Council on December 2, 2025. On January 6, 2026, the City Council reviewed this recommendation and agreed to consider the attached Bond Election Ordinance.
FINANCIAL IMPLICATIONS:
The bond election is for a total of $235,000,000 in capital improvement projects. The City plans to issue the bonds over the next five to six years. The City's bond election authorization was calculated to maintain the current debt service tax rate (14.9848 cents per $100 valuation). Even if the debt service tax rate remains the same, State law requires that the ballot language for the propositions include the phrase "THIS IS A TAX INCREASE." This language is intended to accommodate possible changes in ad valorem values that could impact the debt service tax rate in future years.
The 2026 bond election includes five propositions:
* Proposition A: The issuance of $164,500,000 general obligation bonds for street improvements including sidewalk, alley, and other traffic flow improvements.
* Proposition B: The issuance of $32,345,000 general obligation bonds for public safety facilities.
* Proposition C: The issuance of $26,530,000 general obligation bonds for parks and recreation facilities.
* Proposition D: The issuance of $7,850,000 general obligation bonds for municipal court facilities.
* Proposition E: The issuance of $3,775,000 general obligation bonds for library facilities.
IMPACT ON COMMUNITY SUSTAINABILITY:
Bonds approved by the May 2, 2026, election w...
Click here for full text