City of Abilene
Home Menu2015 City of Abilene Bond Program
In June 2014, the Abilene City Council appointed a 17-member citizens advisory committee to study the needs of our community. This Abilene Bond Election Advisory Committee met 10 times, studied the issues, held public hearings to receive input from other citizens, and took field trips to personally review areas of need.
The result of the committee's research was a recommendation to put before Abilene voters community improvement projects that together total $80.69 million. City voters approved all projects. The cost of implementing these projects has been financed by selling Bonds. The debt service on the Bonds will be paid by Abilene citizens, which will cause an estimated property tax increase that will peak over five years at 16.94 cents per $100 valuation. After the fifth year, the tax rate for the Bond projects is estimated to decrease. Taylor County, Abilene ISD, or Wylie ISD tax rates will not be affected by these projects.
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