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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 serves 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          2023        Authorized
                                         Authorized    Though 2022              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.  A total of 35 North
          Richland Hills Citizens served on the 2020 Capital Program Advisory Committee and made
          recommendations for street reconstruction projects. They considered several factors including
          existing pavement conditions, traffic volumes, maintenance records, input from citizen surveys and
          estimated costs. The Committee recommended 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 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      Authorized
                                          Authorized    Though 2022      Un-issued

          Street Reconstruction               $49,875            $31,605           $18,270
                               Totals:        $49,875            $31,605           $18,270

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



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