The City of Allen is placing a $156.5M bond authorization before its voters on November 7, 2023. Although there will be five separate propositions on the ballot, the authorization is better regarded as a single, cohesive initiative that advances our goals of safe neighborhoods, a vibrant community, and reinvestment/redevelopment of older areas of our city. The most recent prior City of Allen bond election was in 2016. In keeping with Allen’s long history of fiscal responsibility, the cumulative impact of these bonds will not raise the tax rate and will allow Allen to maintain its AAA Bond rating.
More than 400 Allen residents worked with city staff over several months to hone a list of projects that meet the city’s needs for at least the next five years while staying within the budget allowed by revenue projections and tax rate constraints.
Learn more at this Eggs & Issues Breakfast!