No tax rate increase impact on Tarrant County or the Hospital District
The Tarrant County Commissioners Court voted unanimously on August
18, 2018, to approve an Order to call a bond election to authorize the
issuance of $800 million in bonds to acquire, construct, improve,
equip or enlarge facilities of the Tarrant County Hospital District,
operating as the JPS Health Network.
The no tax rate
increase bond will appear on the November 6th ballot.
The
Commissioners Court is required by law to seek voter approval for
authorizing the issuance of tax-supported bonds by the Hospital
District.
It is currently anticipated that the bonds, if
authorized by the election, will be issued in several series over the
next several years. The prices, rates, and maturities of each issuance
will remain subject to the approval of the Commissioners Court. The
Court also emphasized its intent to only issue bonds if the County has
the capacity to repay the bonds without a tax-rate increase.
Tarrant County
Commissioners received an update on Aug. 13 about the Tarrant County
Hospital District bond program. A video of the briefing is available as well an outline of possible future projects. Updates for
the JPS bond program are available https://www.yestojps.org/.
Educational Material Packet
Hospital District Bond Election - PowerPoint PDF
Hospital District Bond Election - Dates for the Community Education Forums
Hospital District Bond Election - Voter Information Flier
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County Telephone Operator 817-884-1111
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100 E. Weatherford, Fort Worth, Texas 76196
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