Irving City Council called the city’s general municipal election for City Council Districts 4, 6 and 8, as well as a special bond election for a City Hall Complex on May 4.
In addition to the City’s general election, the ballot also includes a proposition for the issuance of $200 million in bonds for a City Hall Complex project.
If approved by voters and based on current assumptions, there will be a property tax increase of about 1.81 cents, which would impact the average taxable value of a single-family home ($279,704) by approximately $40.50 (with 20% Homestead Exemption) per year. If voters approve, these numbers may change based on interest rates at the time debt is anticipated to be sold in 2024 and 2025.
If approved by voters, two potential sites, located between the 400 block and the 800 block of W. Irving Boulevard, are being considered for the new City Hall Complex (see attached map).
More information about the City Hall Complex Bond Proposition is available at CityofIrving.org/CityHall.
The City of Irving is home to 9 Fortune 500 corporate headquarters, over 8,500 businesses, four 18-hole championship golf courses and the DFW International Airport.
Centrally located in the Dallas-Fort Worth Metroplex, Irving has a population of 256,000+ residents and is one of the most culturally diverse cities in the state and nation.
