Local news- Press Release
Visit Lewisville Texas - Council calls for vote on $263 4 million bond package 09 February 2024 ( news )
Visit Lewisville , state Texas ( By Press Release office)
Feb 09,2024
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The Lewisville City Council has called a May 4 election to ask voters for consideration of four bond propositions including proposed street , park , public safety , and animal shelter projects .
Total value of the proposed bond package is $263 . 4 million over an estimated 10 - year program . The maximum projected impact on Lewisville’s property tax rate is an increase of 1 . 5 cents , equal to about $4 . 39 per month for the median - valued home based on 2023 values .
Lewisville’s current property tax rate of 41 . 9 cents is the lowest rate in more than 35 years ( since 1986–87 ) . Lewisville has historically held a bond election about every 10 years to address large infrastructure needs such as streets , parks , facilities , and large equipment packages .
The ballot will present four propositions , each focused on a different service area . Proposition A - $6 . 7 million for proposed public safety projects , including fire access facilities at Lewisville Lake Park and purchasing land for the future relocation of Fire Station #4 in north Lewisville .
Proposition B - $9 . 9 million for proposed expansion of the Gene Carey Animal Shelter and Adoption Center .
Proposition C - $47 . 9 million for proposed parks projects including new and expanded parks , trails , and public open spaces citywide .
Proposition D - $198 . 9 million for proposed street projects citywide including neighborhood reconstructions , major arteries , new commercial grids in eastern Old Town and the Vista Ridge area , and associated storm drainage improvements .
For a complete description of all 24 projects in the bond proposal , visit cityoflewisville . com/2024bonds
. The projects were selected and prioritized by a volunteer Blue Ribbon Advisory Committee that formed in 2022 and conducted research and public engagement through most of 2023 .
In - person early voting will be available April 22–30 , including weekend hours . Election Day voting will be held Saturday , May 4
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