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 Programs Change Management Planning

Part 2 Leadership in Times of Rapid Expansion: Roles and Responsibilities

Rapid urban expansion is not merely a test of infrastructural resilience but also a reflection of the strength of its...
Read More
Articles Capital Improvement Programs Change Management Planning

Infrastructure 101 Part 1: Anticipating the Needs of Tomorrow

Introduction Cities on the precipice of rapid expansion confront an undeniable reality: the challenges that accompany exponential population growth are...
Read More
Articles Local Planning

Four-Part Series: Staying Ahead of the Curve: Navigating Exponential Population Growth in Cities

In the throes of urban expansion, cities throughout Texas are grappling with the complexities of exponential population growth. Such growth,...
Read More
Articles Bonds Capital Improvement Programs Planning

8 Key Ingredients for a Successful Capital Improvement Bond Program

Capital improvement bond programs are indispensable mechanisms that municipalities, school districts, and other public entities deploy to fund extensive infrastructure...
Read More
Articles Bonds Capital Improvement Programs Planning Process Improvement

How Chesterfield Improved Their Bond Rating & Lessons for Other Local Governments

In the ever-evolving financial landscape of local governments, Chesterfield Township has achieved a commendable feat: a credit rating upgrade. With...
Read More
Articles Capital Improvement Programs Planning PMC Program Management Consultants

How Program Management Consultants Save Money for Local Governments

Introduction Program management consultants play a crucial role in helping local governments save money on capital infrastructure bond programs. These...
Read More
Articles Capital Improvement Programs CIP

The Dual-Edged Sword of Inflation: Navigating Its Impacts on Capital Improvement Bond Programs

In the ever-evolving realm of capital improvement bond programs, inflation emerges as a pivotal factor, wielding a double-edged influence. For...
Read More
Articles Uncategorized

Strategic Separation: The Merits of Distinct Program Management Consultant (PMC) and General Engineering Consultant (GEC) Roles

In capital improvement bond programs, distinctly separating the roles of the Program Management Consultant (PMC) and the General Engineering Consultant...
Read More
Articles Capital Improvement Programs CIP Planning

Strategies to Stay Proactive in Addressing the Four Financial Pillars of Capital Improvement Bond Programs

Capital improvement bond programs serve as pivotal financial mechanisms to propel large-scale projects and vital infrastructure developments forward. At the...
Read More
Articles Capital Improvement Programs CIP Planning

Understanding Capital Infrastructure Bond Programs and Their Scope

A capital infrastructure bond program operates as a paramount financial instrument, frequently utilized by public entities, including municipalities. Its function...
Read More
1 7 8 9 10 11 21