Monday, October 26, 2026 edition · The record
Willow Park's borrowing question, by the numbers
By Chris Weaver ·
The question asks whether the City Council may issue $10,110,000 in certificates of obligation for water and sewer work; streets, roads and intersections, including drainage and sidewalks; the city's drainage utility system; the land and rights-of-way those projects need; and related professional services. The ballot wording labels it a tax increase. It is on the ballot because of a petition: after the council approved a notice of intent to issue the certificates on Dec. 9, 2025, the city received a petition signed by at least 5% of qualified voters protesting the issue, and under state law the city then cannot issue them without voter approval. The council ordered the election Aug. 11. In its voter information document, the city estimates $5,904,013 in interest at an assumed 4.75% rate, for $16,014,013 in principal and interest over 20 years. It says about $3,760,000 of the principal is expected to be self-supported from utility revenues, and its $24.31 maximum yearly increase assumes the certificates are sold in one series, 1.20% average yearly growth in appraised values over the next five years and 98% tax collections. The same document lists $71,040,000 in outstanding city debt principal when the election was ordered, including a $6,430,000 tax note issued Sept. 9, 2026, and about $97.5 million in principal and interest on that debt. The city says the figures come from its municipal advisor's projections and may change. The county's sample ballot lists the question as Proposition B; Proposition A is the proposed Home Rule Charter. The city's own election notice, a separate ordinance, calls the borrowing question Proposition A.
What you can do. Willow Park voters can vote early at any Parker County site through Friday, or at their Election Day location on Nov. 3.
This story ran in the Monday, October 26, 2026 edition, with the rest of that morning's record. All editions · All stories
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