Will the Quality of Life Bond Election bond increase taxes?

If voters approve the propositions, no tax rate increases would be considered until the City's Fiscal Year 2023-24 budget process which is finalized in September 2023. At that time, the City would determine if an increase in the tax rate would be required to fund the issued debt. Over the life of the $36 Million in general obligation bond debt, there is a potential for a tax rate increase of up to 6 cents per $100 in assessed property value. The City works diligently to balance property tax rates with needs for other services, such as police, fire, transportation, and more.

Show All Answers

1. What is a general obligation bond?
2. How did residents vote in past Bond Elections?
3. How much did taxes increase for the 2007 Bond Election and are the projects completed?
4. What is the easiest way to learn more information about the Bond Election?
5. If the 2022 Quality of Life Bond goes to the ballot and is approved by voters, will it increase the property taxes paid by homeowners who are 65 or older?
6. What if I have a question or comment about the proposed Boerne Quality of Life Bond?
7. When would the first bond projects be under construction?
8. Will the Quality of Life Bond Election bond increase taxes?
9. How have residents been involved in developing this bond?
10. How does a bond work?
11. How does the City currently pay for projects?
12. Why not just do these projects on a pay-as-you-go basis?
13. Who would buy the GO bonds?
14. How long would the City be paying off the bond?
15. How was the proposed Northside Community Park designed?