2023 Bond Election

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Bond 2023

On May 6, residents of New Braunfels will vote on whether or not to fund $140,045,000 in city projects by issuing municipal bonds with no projected increase to the City tax rate.

The projects included in Bond 2023 are divided into three propositions:

Proposition A - Transportation

2023 Bond Project Funding Graph Opens in new window

  • Total Cost: $99,330,000
  • Expected to include eight major transportation projects:
    • Common Street (Loop 337 to FM 306)
    • Barbarosa Road/Saur Lane (FM 1101 to Saengerhalle Road)
    • Conrads Lane (Goodwin Lane to FM 1102)
    • Kohlenberg Road (FM 1101 to IH-35)
    • Citywide Street Improvements to rehabilitate existing city street pavement, curbs, and sidewalks
    • Citywide Intersection Improvements including new traffic signals and turn lanes
    • South Kowald Lane (FM 1101 to IH-35)
    • Solms Road (IH-35 to FM 482)

Proposition B - Parks and Recreation

  • Total Cost: $12,155,000
  • Mission Hill Park - Phase 2, expected to include:
    • Improvements to existing 10-acre park, including:
      • Parking, Restrooms, and Event Space
      • Multi-level Observation Tower
      • Canopy Walk with access to Observation Tower Decks
      • Soft and Hard Surface Trails with Trailhead

Proposition C - Library Facilities

  • Total Cost: $28,560,000
  • Southeast Library Branch, expected to include:
    • 23,250-square foot building
    • Proposed features  includes:
      • Quiet study rooms
      • Meeting rooms
      • Public plaza and garden space

Learn More About the Propositions

Click the boxes below to learn more about each proposition.

 Proposition A - Transportation, 8 Citywide Projects, $99,330,000
Proposition B - Mission Hill Park Phase 2, $12,155,000
Proposition C - Library Facilities, $28,560,000

Additional Resources

Use the links below for more resources, including Election Information (like voting locations and dates), details about the propositions on the ballot, as well as dates and locations of informational meetings where you can ask questions before you vote.

What is a Bond?

As part of an overall financial strategy, when the City of New Braunfels seeks to fund major capital investments (like street and drainage improvements, city facilities, and parks), City Council will call for an election asking voters if they approve of funding those projects by issuing debt in the form of municipal bonds. 

This bond, which is projected to have no increase to the City tax rate, began with preliminary discussions by City staff nearly 2 years ago. See the bond timeline below for an overview of the steps taken leading to Bond 2023.

Bond Timeline Infographic

To learn more about how Bond 2023 was formed, and the process that projects were selected, please visit the 2023 Bond Development page.