Does the City fund school facilities like the football stadium?

Allen voters approved the football stadium as part of a bond package for Allen Independent School District (Allen ISD), which is a separate taxing entity from the City of Allen. For this budget year, taxes assessed per $100,000 of property value for the City of Allen are .4205, and those assessed by Allen ISD are 1.1412. The remaining property taxes for Collin College are .081220 and Collin County are .149343.

Total property taxes for Allen homeowners by the various taxing entities may include homestead, over 65, or disabled exemptions. You can find information on the taxing entities, exemptions and rates at the Collin County Appraisal District.

Show All Answers

1. What is a bond election?
2. How does municipal bond funding work?
3. How are projects selected for bond funding?
4. Will this bond election raise the City tax rate?
5. Why does the City use bond debt to fund projects?
6. How long will it take to repay bond debt money?
7. How much will the interest be for bond debt on proposed projects?
8. Does the City have to use bond debt to build new improvements?
9. How is the tax rate affected if voters do not approve bond funding?
10. What are some examples of existing community projects/enhancements that were funded by bonds?
11. Does the City fund school facilities like the football stadium?
12. How were bond projects selected?