by | Jan 3, 2025 | Articles

Share to:

“Great things are done by a series of small things brought together.”
– Vincent Van Gogh

Breaking Down Plano’s $700 Million Bond Proposal for May 2025: What You Need to Know

Plano, Texas, is at a pivotal point, with a massive $700.7 million bond proposal set to go before voters on May 3, 2025. This bond aims to fund critical infrastructure, public safety, parks, recreation, libraries, and municipal facility projects. As the city grows and its infrastructure ages, the bond represents a significant investment in Plano’s future. Here’s a detailed look at what’s included in the proposal, why it matters, and how it could shape the city for years to come.

The Big Picture: A $700.7 Million Investment

The proposed bond covers five key categories, with major funding allocated as follows:

  1. Street Improvements: $342.28 million
  2. Public Safety Facilities: $243.65 million
  3. Municipal Facilities: $58.26 million
  4. Parks and Recreation: $51.6 million
  5. Library Renovations: $4.95 million

This strategic distribution reflects the city’s pressing needs for modern infrastructure, upgraded facilities, and improved public services.

Street Improvements: $342.28 Million

A significant portion of the bond is dedicated to street improvements — essential for a city like Plano that continues to experience growth and increased traffic. The bond proposes funding for:

  • Arterial Concrete Street Reconstruction: $130 million for major thoroughfare repairs.
  • Residential and Alley Repairs: $90 million for neighborhood roads and alleys.
  • Traffic Improvements: $26 million for new traffic signals, pedestrian safety measures, and street lighting enhancements.
  • Water Main Rehabilitation: $26 million for pavement and sidewalk repairs alongside waterline replacements.

Plano residents can expect smoother roads, safer intersections, and improved traffic flow if this portion of the bond is approved.

Public Safety: $243.65 Million

Public safety investments are a core focus, with more than $243 million allocated to upgrading facilities for the police and fire departments. Major projects include:

  1. New Police Headquarters: $155.16 million to replace the aging 51-year-old facility at 909 14th Street. The new 9-acre site at West Park Boulevard and Alma Drive will consolidate police services and the 911 Dispatch Center.
  2. Police Training Center Rebuild: $51 million for a modern training facility to enhance officer preparedness.
  3. New Fire Station 14: $21.71 million to build a station strategically located between the city’s two busiest fire districts.
  4. Fire Station 8 Remodel: $8.03 million for renovations and ADA updates.
  5. Fire Station 3 Expansion: $4.75 million for land acquisition and design.

These upgrades are crucial to meet increasing emergency call volumes and ensure that police and fire services operate efficiently.

Municipal Facilities: $58.26 Million

The bond also addresses the need for updated municipal services infrastructure. Key projects include:

  • Fleet Services Facility: $54.33 million to replace an outdated facility with one capable of servicing Plano’s growing fleet of city vehicles.
  • Facilities Maintenance Land Acquisition: $3.93 million to procure land for a new maintenance facility to replace the existing 41-year-old operations center.

These improvements will enhance the city’s ability to maintain public assets and services effectively.

Parks and Recreation: $51.6 Million

Plano’s commitment to quality of life is evident in the proposed parks and recreation funding, which includes:

  1. Hall Park Development: $10 million for a new park featuring trails, pavilions, playgrounds, and open green spaces at Alma Drive and West Park Boulevard.
  2. Land Acquisition: $20 million for future parks in underserved areas.
  3. Park Renovations: $11.5 million for updating community parks, including athletic fields, playgrounds, and restrooms.
  4. Trail System Expansion: $5 million for new recreational trails.

These projects will help maintain Plano’s reputation for excellent parks and recreational opportunities.

Library Renovations: $4.95 Million

Plano’s libraries play a vital role in community education and enrichment. The bond includes:

  • Schimelpfenig Library: $1.9 million for interior renovations.
  • Haggard Library: $2 million for updates.
  • Parr Library: $1.1 million for improvements.

These renovations will modernize library facilities, ensuring they remain welcoming and functional for future generations.

Conclusion

Plano’s proposed $700.7 million bond represents a bold step toward sustaining and enhancing the city’s infrastructure, public safety, and quality of life. By addressing critical needs in streets, safety, parks, and public services, this bond ensures Plano remains a thriving, resilient community for years to come.

FLAG provides program management consulting services in Central Texas for municipal and school capital improvement bonds. FLAG is revolutionizing the construction industry and transforming client expectations by obsessing over the basics of budget oversight, schedule enforcement, compliance, vendor management, and stakeholder communication.

Join our weekly newsletter and receive a free copy of our new book!

JOIN NEWSLETTER

Articles Capital Improvement Plan Capital Improvement Programs CIP Planning Technology

2024 Update: Impact of Travis County’s Public Improvement District Policy

Travis County's Public Improvement District Policy Update The 2024 update on Travis County's Public Improvement District Policy has brought about...
Read More
Articles Capital Improvement Plan Capital Improvement Programs CIP Planning Process Improvement Technology

Revolutionizing Capital Improvement: The Impact of Artificial Intelligence

The Role of Artificial Intelligence in Transforming Capital Improvement Bond Programs Artificial intelligence (AI) is revolutionizing capital improvement bond programs...
Read More
Articles Capital Improvement Plan Capital Improvement Programs CIP Planning

Get It Right from the Start or Pay the Price: The Urgent Need for Reform in Capital Improvement Bond Programs

The Importance of Starting Correctly on Capital Improvement Bond Programs Starting correctly on capital improvement bond programs is crucial for...
Read More
Articles Capital Improvement Plan Capital Improvement Programs CIP Planning Process Improvement

Book Review: How Big Things Get Done: The Surprising Factors That Determine the Fate of Every Project

How Big Things Get Done: Unveiling the Secrets of Successful Megaprojects “a whopping 91.5% of projects overshoot budgets or timelines,...
Read More
Articles Capital Improvement Plan Capital Improvement Programs CIP Planning Process Improvement

Read or Risk Ruin: 10 Must-Have Books on Capital Improvement Bonds for Taxpayers and Decision-Makers

Essential Reading for Capital Improvement Bond Program Managers Leading a capital improvement bond program intertwines expertise from public finance to...
Read More
Articles Capital Improvement Plan Capital Improvement Programs CIP Local Planning

Time for a Change in Mindset: Why the Construction Industry Must Mature

In an era where innovation and efficiency are the benchmarks of success, it's baffling that the construction industry still operates...
Read More
Articles Capital Improvement Plan Capital Improvement Programs CIP Local Planning

Avoid These 7 Deadly Sins of Capital Improvement Program Management

Introduction Program managers, project managers, and construction professionals play a crucial role in capital improvement program management. To ensure successful...
Read More
Articles Capital Improvement Plan Capital Improvement Programs CIP Local Planning

Revolutionize Your Capital Project: Control Duration and Costs with Optimization

Navigating the intricate pathways of capital projects is a monumental task, often marked by a relentless race against time. These...
Read More
Articles Bonds CIP Budgetting

Municipal Bond Funds: Navigating the Rough Seas of Rising Interest Rates

In the intricate world of finance, the recent challenges faced by closed-end municipal-bond funds stand out. These funds, which have...
Read More
Articles Capital Improvement Plan Capital Improvement Programs Change Management CIP Process Improvement

Transforming the Construction Industry: Enforcing Program Controls

The construction industry is currently facing a crisis that demands urgent attention. Inefficiencies in project delivery and capital infrastructure have...
Read More
1 5 6 7 8 9 21