City of Lewisville Bond Election History

This information includes information on past bond elections held in the City of Lewisville.

2021 Bond Election Information

In November, 2021, Lewisville voters approved a $95 million bond package to fund the construction of a new Public Safety Center, including a new Fire Station #1, on the site of the existing facilities.

Construction on the project started in late 2022 with estimated completion in the first quarter of 2025.

2021 Bond Package

• $95 million for a new public safety facility and fire station #1

Vote totals for the one proposition were:

• Proposition 1 - 2,523 in favor, 573 opposed

Tax Rate Impact

When the 2021 bond election was called, City Council promised residents that the city's property tax rate dedicated to debt would not increase as a result of the bonds. As shown below, the debt rate did not increase when the voter-approved bonds were sold. This is a result of tax base growth, strong sales tax revenue, and a focus on increased cost-efficiency for city services.

2022 (when bond election was held)

Debt rate = .122320
Total rate = .443301

2024 (last bonds approved in 2021 were sold in June 2023)

Debt rate = .122320
Total rate = .419079

2015 Bond Election Information

In November 2015, Lewisville voters approved a $135 million bond package that included street, park, and public safety projects.

2015 Bond Package

• $71.6 million in streets and drainage projects
• $39.9 million for parks and trails, including a new recreation center
• $10.5 million for public safety facilities
• $13 million for an indoor aquatic facility at the new recreation center

Vote totals for the four propositions were:

• Proposition 1 – 2,558 in favor, 1,073 opposed
• Proposition 2 – 2,216 in favor, 1,415 opposed
• Proposition 3 – 2,874 in favor, 772 opposed
• Proposition 4 – 1,828 in favor, 1,811 opposed

The bond projects were presented as a 10-year plan. The list of bond projects was compiled with the help of a Blue Ribbon Committee of residents.

Tax Rate Impact

When the 2015 bond election was called, City Council promised residents that the city's property tax rate dedicated to debt would not increase by more than 1.8 cents. As shown below, the debt rate has increased by only 0.5 cents since 2015 and the overall property tax rate has decreased by 1.7 cents. This is a result of tax base growth, strong sales tax revenue, and a focus on increased cost-efficiency for city services.

2015 (when bond election was held)

Debt rate = .117320
Total rate = .436086

2024 (last bonds approved in 2015 were sold in June 2023)

Debt rate = .122320 Total rate = .419079

The drop-downs below lists updates as of December 2023 on 2015 Bond Election projects.

2003 Bond Election Information

In August 2003, Lewisville voters approved $68.7 million bond package into three major categories.

2003 Bond Package:

• $64.3 million in streets and drainage projects
• $3.1 million for construction of a new city jail
• $1.3 million for construction of a public safety training facility

Vote totals for the three propositions were:

• Proposition 1 – 584 in favor, 159 opposed
• Proposition 2 – 507 in favor, 232 opposed
• Proposition 3 - 505 in favor, 216 opposed

Tax Rate Impact

When the 2003 bond election was called, City Council promised residents that the city's property tax rate dedicated to debt would not increase. As shown below, the debt rate (as well as the overall property tax rate) has actually decreased since 2003. This reduction is a result of tax base growth, strong sales tax revenue, and a focus on increased cost-efficiency for city services.

2003 (when bond election was held)

Debt rate = .134690
Total rate = .450500

2014 (when last bonds approved in 2003 were sold)

Debt rate = .117320
Total rate = .436086