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Grand Prairie staff outline $335 million bond package with 3.91¢ worst‑case tax impact
Summary
Finance staff presented a proposed $335 million general-obligation bond authorization across streets ($209M), public safety ($86.5M) and community projects ($39M), saying the 3.91¢ tax-rate figure is a conservative, worst-case snapshot and that council will consider a project list and an ordinance to call a May 2 election.
Finance staff briefed the Grand Prairie City Council on a proposed general obligation bond program that would authorize $335,000,000 in projects across three categories and carry a published tax-rate impact estimate of 3.91¢.
"This meeting is also an opportunity for council and the public to provide any additional input as we move towards the May election," finance staff member Tablo said, summarizing the package and schedule. Tablo said the authorization covers three primary categories — streets, public safety…
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