Bond Information
The City of Rowlett is reviewed by two separate rating agencies.
- Standard & Poor’s General Obligation Rating: AA
- Standard & Poor’s Revenue Rating: AA-
- Moody’s General Obligation Rating: Aa2
- Moody’s Revenue Rating: Aa3
Bond Elections
In 2015, the City of Rowlett began utilizing a three-year bonding strategy, with bond elections held in 2015, 2018, and 2021. As part of this strategy, the Community Investment Advisory Board (CIAB) gathers information regarding community needs, citizen desires, and service expansion for the City, and provides recommendations to the City Council for these bond elections. The next bond election within this strategy is planned in 2024.
Upcoming 2023 Bond Election Information
The Rowlett City Council has ordered special elections for Home Rule Charter Amendments and Facility Bond Propositions to be held in conjunction with the General Election for City Council on May 6, 2023:
Facility Bond Propositions
Proposition A - Public Safety Facility, $63,928,980 [Police Department, Fire Administration, Municipal Court]
Proposition B - Animal Shelter Facility, $8,400,000
Proposition C - Herfurth Park Improvements, $4,000,000
Historical Bond Election Information: Includes election date, purpose, and amount of bond elections
Current Tax Rates
Includes property, sales, and hotel/motel taxes charged by all taxing entities on properties within the City limits
Additional Links
City of Rowlett Investment Policy
Texas Comptroller of Public Accounts Debt At A Glance
Texas Bond Review Board
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