The process of preparing for a possible bond election in May of 2023 continues with a New Braunfels City Council Workshop, set for Monday, December 5th, 2022, at 6:00pm in Council Chambers at New Braunfels City Hall...
The process of preparing for a possible bond election in May of 2023 continues with a New Braunfels City Council Workshop, set for Monday, December 5th, 2022, at 6:00pm in Council Chambers at New Braunfels City Hall. During that workshop, New Braunfels City Council will review the recommendations of the Bond Advisory Committee and get feedback from residents on the projects being considered for the proposed 2023 Bond.
This workshop is the next step in a process that began in December of 2021 when City Council appointed the 24-member Bond Advisory Committee. In April of 2022, the Committee recommended 37 projects to undergo preliminary design and to develop cost estimates, and a series of meetings held in July and August of 2022 allowed the public a chance to weigh in on which projects should move forward for consideration. The Committee then took all of that information and, in October of 2022, formed their official recommendation to City Council, sending them 20 projects, totaling $183.5-million. The complete list of projects, ranked 1 through 20, can be found on the Proposed 2023 Bond Website.
“The expected capacity for a bond election that does not impact the tax rate is approximately $140-million. So New Braunfels City Council will be looking at the list of recommended projects and deciding which ones will move forward to a vote,” said Transportation and Capital Improvements Director Garry Ford. “Projects that are not selected for the ballot will remain on the City's Capital Improvement Plan for potential future development with other funding sources.”
Again, the New Braunfels City Council Workshop on the proposed 2023 Bond recommendations is set for Monday, December 5th, 2022, at 6:00pm in Council Chambers at New Braunfels City Hall, located at 550 Landa St. City Council is expected to meet again in January to finalize the list of projects and to possibly call for a bond election. To see the complete bond timeline, or to learn more about the proposed projects, log on to the Proposed 2023 Bond Website.