OnMay 1, 2021, Anna voters approved the issue of $58 million in bonds to finance the design and construction of a second fire station, library/community center, and recreational and sports facilities. The issuance of these bonds will be over the next few years to minimize the effect of the tax burden.
Anna has grown more than 1,125% over the past 20 years. The City of Anna has called a bond election for a second fire station and ladder truck (quint/aerial apparatus) to improve operational efficiency for decades to come.
The proposed Fire Station #2 is planned to be located west of US-75 and north of FM-455 within the Villages of Hurricane Creek development. The site was provided by the developer to the City of Anna for this use. This site is optimal to improve response times city-wide, along the neighborhoods closer to US-75, and along US-75.
The Voters have approved the funding for the development of a public library/community center. This $22 million proposition includes the design and construction of a Library with multipurpose recreation, meeting, and classroom space. The facility will be designed with public input administered by the Neighborhood Services Department and seek to implement complementary objectives within the recently adopted Parks and Recreation Master Plan which can be found at The facility would be located on the Northeast corner of the municipal campus complex on State Highway 5 / North Powell Parkway.
This $28 million proposition includes funding to implement the recommendations from the City of Anna Parks and Recreation Master Plan. A sample of capital improvements included in the Master Plan recommendations are:
A general obligation bond is a form of borrowing that provides government entities with funds to finance large capital improvements. It is not uncommon for cities to borrow money to pay for the construction of roads, water lines, sewer lines, city buildings, parks, recreation facilities, and other capital infrastructure. This debt can be compared to a home mortgage that is repaid over time. Much like families who borrow money for big-ticket items like their homes, cities typically limit borrowing to the purchase of assets with a useful life of 20 or more years.
Another type of bond that cities may issue is a revenue bond. Revenue bonds are secured by a pledge of revenue from an income-producing facility, and are usually designated with the name of the system that pledged the revenue (for example, Waterworks and Sewer System Revenue Bonds). Revenue bonds that are not payable from any taxes need not be submitted to the voters for approval under state law. This is a general obligation bond election.
Based upon the initial projection from last year when this process began, if all three propositions are approved, the average property owner with a $230,000 home within the City of Anna may see their property taxes increase a maximum of $8.27 per month or $99.28 per year. This was based upon the projected growth rates at that time; with new home construction of 700 homes per year for 5 years and 1% commercial growth.
However, since that time there has been a significant increase in growth, and with a revised projection of 1,000 with a 3% growth rate, the cost for the average home, the average property owner with a $230,000 home would be significantly lower than previously estimated at a maximum of $4 per month or $48 per year. Depending upon the ultimate increasing growth rates in the community, these numbers could reduce further.
Voter approval of a bond proposition only authorizes the funding for the project(s). Before construction, the City must take steps to plan, gather public input, design, acquire property, and bid and construct projects. The process from planning to construction may take several months to a couple of years depending upon the size and scope of the project or facility. These bonds will be issued over five years beginning in the late summer of 2021.
Modern Libraries are not just about books. They are centers of community gathering, lifelong learning, educational centers, and passive recreational opportunities. The design of a community library in Anna will include public input so that space is allocated for programs for classes, programs, technology equipment as well as physical materials. Services such as 3D printing, youth robotics and computer coding, ESL and GED classes, small business and non-profit resources and support, early literacy and school readiness programs for children and families, homework help, online safety and security, access to computers and wi-fi, partnering teens with seniors to learn how to use mobile devices, and much more may be included in a community library.
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