Nacogdoches bond election seeks $44 million for upgrades

  • 📰 TexasTribune
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The East Texas town is one of 218 local governments asking voters to approve new debt for repairs and upgrades to city infrastructure. Local leaders say inflation isn’t helping them keep up with capital needs.

, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news.

City leaders in this East Texas town of 32,137 people, which traces its origin to 1779, are asking residents to approve a series of propositions this election that would allow them to borrow $44 million for capital improvements such as road repairs, upgrades to the fire department and storm drainage.

Asking voters to approve new debt for public services is always a gamble in a tax-adverse state like Texas. The challenge is even greater in smaller, rural communities that don’t have a large tax base. Any combination of approved projects will get the city started on tackling significant infrastructure decline. According to the city’s estimate, Nacogdoches has at least $200 million in needed upgrades.

Investments in parks and recreation facilities, meanwhile, would go a long way toward improving day-to-day life for residents and meet some of their basic needs, said Lily Phou, who sat on the bond committee. She is also the treasurer of NacNow, a political committee that supports the bond questions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 441. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

One of Texas’ oldest towns needs $200 million for upgrades. It’s asking voters to approve $44 million this fall.The East Texas town is one of 218 local governments asking voters to approve new debt for repairs and upgrades to city infrastructure. Local leaders say inflation isn’t helping them keep up with capital needs.
Source: KPRC2 - 🏆 80. / 68 Read more »

One of Texas’ oldest towns needs $200 million for upgrades. It’s asking voters to approve $44 million this fall.The East Texas town is one of 218 local governments asking voters to approve new debt for repairs and upgrades to city infrastructure. Local leaders say inflation isn’t helping them keep up with capital needs.
Source: ksatnews - 🏆 442. / 53 Read more »