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ADOPTED | BUDGET



          2012 Bond Election Program

          During spring 2011, the Community Improvements Task Force was formed to evaluate the current
          facility and infrastructure needs.  The evaluation was conducted in an eight month period.  The
          task force recommendation to Council was for the City to construct a new municipal complex.  This
          recommendation was made after the task force studied the existing location of city services and
          departments concluding the Loop 820 expansion impacted city services provided at City Hall,
          Police Department, Municipal Court, and Park Administration.

          On May 12, 2012, voters elected in favor of the City issuing $48,000,000 in bonds to help fund a
          new municipal complex.  The new municipal complex will serve as a consolidated location for City
          Hall, Police Department, Municipal Court, Parks Administration, Citicable, Fire Administration,
          Emergency Management, and Neighborhood Services.


          Prior to the 2012 tax year, the City maintained the same tax rate of $0.57 for 19 years.  The
          approval of the $48 million in the bond election resulted in the City reviewing the $0.57 tax rate.
          After review, Council voted to increase the 2012 Tax Rate by 7% to $0.61.




                                           Amount        Amount Issued          2022        Authorized
                                         Authorized      Through 2021           Issue        Un-issued
          Municipal Facilities               $48,000            $48,000                $0             $0
                               Totals:       $48,000            $48,000                $0             $0


          *Note: Figures reported in $1,000 (thousands).

          2020 Bond Election Program

          During 2019, the 2020 Capital Program Advisory Committee was formed.  35 North Richland Hills
          Citizens served on the 2020 Capital Program Advisory Committee and made recommendations for
          street reconstruction projects. They looked at several factors including existing pavement
          conditions, traffic volumes, maintenance records, input from citizen surveys and estimated costs.
          The Committee ultimately put forward a recommendation for 27 streets to be reconstructed within
          the city.


          In November 2020, North Richland Hills voters overwhelmingly approved $49,875,000 in bonds for
          street improvements. The bond program will allow the city to reconstruct 27 streets including
          portions of Glenview, Iron Horse, Bedford-Euless, Chapman, Lariat and others, and will not
          require an increase in the city’s property tax rate.




                                            Amount       Amount Issued           2022         Authorized
                                          Authorized      Through 2021           Issue        Un-issued
          Street Reconstruction               $49,875            $19,200           $12,405       $18,270
                               Totals:        $49,875            $19,200          $12,405        $18,270



          *Note: Figures reported in $1,000 (thousands).


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