News Flash

City News

Posted on: January 17, 2023

Survey opened, second special workshop scheduled for feedback on bonds

Flyer for council special workshop and online survey (JPG)

Online survey remains open through March 17 and citizens encouraged to provide ideas and comments

KILLEEN, Texas (Jan. 18, 2023) – The Killeen City Council requested an online survey, as well as a second special workshop for citizens to provide feedback and ideas on putting a General Obligation (GO) Bond on a future election ballot.

 

The community can complete the one-page, three-question online survey through Mar. 17 at www.KilleenTexas.gov/Bond, and is also encouraged to attend the Special Workshop on March 30 at 6 p.m. at City Hall (101 North College Street). This is the second workshop for citizens to hear the options and provide comments on 17 proposed city projects. The first meeting was on Jan. 9.

 

Councilmembers will discuss alternative funding measures to the city’s future and are also considering Certificates of Obligation (CO’s).

 

GO Bonds are issued by local governments, such as municipalities and schools, to finance infrastructure projects, including roads, bridges, and other critical public works projects. GO bonds issued by local governments are payable from the local issuer’s property taxes for a governmental capital project fund. GO bonds for local municipal governments require voter approval.

 

CO bonds do not require voter approval and are backed by the full faith and credit of the City (property tax pledge). They can have a dual pledge of property taxes and a specific City revenue source as well, depending on the projects that will be funded by the COs. Some examples of pledged City revenues are water, wastewater, drainage and street maintenance revenues.  House Bill 1869 from the 2021 Texas Legislature limits the use of COs to specific purposes, including self-supporting debt, designated infrastructure, vehicles, existing facility renovations, public safety, and utility system improvements.

 

Citizens can view all bond projects at www.KilleenTexas.gov/Bond and complete the survey on that webpage. 

Facebook Twitter Email

Other News in City News

Killeen Fire Department puts out house fire

No injuries in early morning house fire

Posted on: August 24, 2023

August 2023 City Insight Newsletter

Posted on: August 11, 2023

Charolais Drive, Hereford Drive closed

Posted on: August 10, 2023
Back to School Splash Bash_Square

Back to School Bash returns Aug. 12

Posted on: July 17, 2023

Notice of Public Hearing

Posted on: July 14, 2023

8th Street lane closure June 6-7

Posted on: June 5, 2023

Gigante Drive closure June 5-7

Posted on: June 5, 2023

Slurry Seal work schedule revised

Posted on: May 26, 2023
Movies In Your Park_Square

Movies in Your Park starts June 9

Posted on: May 16, 2023

May 2023 City Insight Newsletter

Posted on: May 9, 2023

Early voting election results

Posted on: May 6, 2023

Memorial Day Ceremony May 29

Posted on: May 2, 2023

Tornado Watch issued for Bell County

Posted on: April 26, 2023
Fallen Heros 5K_Square

Fallen Heroes 5K set for May 6

Posted on: April 11, 2023

Killeen Police Chief finalists named

Posted on: April 10, 2023

City Easter Egg hunt canceled

Posted on: April 6, 2023

City offices closed on Good Friday

Posted on: April 3, 2023
Early Voting Locations (PDF)

Killeen election to be held May 6

Posted on: March 29, 2023

Public input sought on vision for Downtown

Posted on: February 28, 2023

Killeen offices closed for Presidents Day

Posted on: February 17, 2023
Stewart Park new playground

Park improvements continue

Posted on: February 15, 2023

Alta Vista Drive closure this week

Posted on: February 12, 2023

Clear Creek Road closure this week

Posted on: February 12, 2023

Crews resume roadwork on W.S. Young

Posted on: February 6, 2023

City Council Special Workshop canceled

Posted on: January 31, 2023

Stonetree Drive closed for repair

Posted on: December 30, 2022

Killeen’s offices to be closed Monday

Posted on: December 28, 2022

Boil Water Notice issued for Fowler Avenue

Posted on: November 28, 2022

Moss Rose Center to Open as Warming Center

Posted on: November 18, 2022

Moss Rose Center to Open as Warming Center

Posted on: November 14, 2022

Annual Veterans Day Parade canceled

Posted on: November 10, 2022

Lane closure planned for Southside Drive

Posted on: October 10, 2022