On May 13, 2006, Tarrant County voters overwhelmingly approved $433,120,000 in capital improvement and transportation projects that were designed to meet the needs of one of Texas’ fastest growing counties. It was the first bond election held in the County since 1998 and only the second held in the past 20 years.
Obsolete and overcrowded facilities will be replaced or upgraded and built to handle future growth. Voters approved funding five separate proposals, four of which involve capital improvement projects and one which addresses the county’s transportation needs.
On March 7, 2006, the Tarrant County Commissioners Court approved a resolution expressing its intent to be fiscally responsible in the issuance of the bonds that are approved by voters. The intent is to only issue bonds if the County has the capacity to repay the bonds without a tax rate increase.
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