An Ordinance Ordering an Election by the Qualified Voters of the City of Fort Worth, Texas, on May 2, 2026, on the Question of the Issuance of Ad Valorem Tax Supported Public Securities for the 2026 General Obligation Debt Program

Summary

The City Council of Fort Worth is ordering an election for May 2, 2026, for qualified voters to decide on issuing Ad Valorem Tax Supported Public Securities for the 2026 General Obligation Debt Program. This program is divided into six propositions:

• Proposition A: $511,480,700 for streets and mobility infrastructure, including permanent street and drainage improvements, reconstruction, rehabilitation, and extension of streets, sidewalks, bridges, and related infrastructure.
• Proposition B: $185,140,000 for park, recreation, and open space purposes, including land acquisition, facility improvements, and expansion of existing parks and community centers.
• Proposition C: $14,586,000 for public library improvements, including the design, construction, and equipping of new library facilities and renovation/expansion of existing ones.
• Proposition D: $10,000,000 for affordable housing and neighborhood revitalization initiatives, including land acquisition, construction, and funding for housing programs and loans.
• Proposition E: $63,919,300 for public safety purposes, including new or replacement police and fire stations and emergency communications facilities.
• Proposition F: $59,874,000 for animal control shelter facilities, including the design, construction, and equipping of a new shelter and renovation/expansion of existing ones.

Each proposition states that it is a tax increase and requires annual ad valorem taxes to pay the principal and interest on the securities. The estimated combined principal and interest for all propositions totals $1,319,283,487 over 20 years. The ordinance also details election procedures, early voting information, and notice requirements.

Citizen Impact

Residents will vote on a significant bond package totaling over $845 million for infrastructure, parks, libraries, affordable housing, public safety, and animal shelters. If approved, this will result in a tax increase to fund these projects, with the specific impact on individual property taxes detailed in the voter information documents.

Confidence

high