Will the proposed bonds impact our tax rate?

No increase to the tax rate associated with this proposed bond program is anticipated.

Based upon the City's economic forecasting models and strong financial position due to paying off older bonds, the City projects that it can issue the proposed General Obligation Bond package of $158.8 million, which includes cost escalation, inflation and issuance costs over the five-to-seven-year program, without increasing the tax rate.

Show All Answers

1. What are bonds?
2. Why does the City of Cedar Park use bonds?
3. How are bonds repaid?
4. Will the proposed bonds impact our tax rate?
5. Can bonds be used for any other purpose than what's described in each proposition?
6. If approved by voters, how soon could construction begin on bond-funded projects?