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Vote This Saturday, May 3 @ Lago Vista High School

Vote in WCID Bond Election Saturday, May 3, 2025 at Lago Vista High School

7 am to 7 pm

5185 Lohman Ford Rd, Lago Vista

Short Summary WCID Point Venture Click here for complete PPT Presentation

If Bond is Approved by voters

Use Bond proceeds for capital improvement projects allowing repayment over 30 years

Continue with WWTP Construction – estimated complete May 2026

Engineering contract the Augusta Standpipe replacement

Construction contract for Augusta Standpipe replacement

Review 7 other capital improvement project – Priority 1-7

Release Engineering contract by priority 1-7

Estimated complete by 2030

Estimated cos

5185 Lohman Ford Rd, Lago Vistat $13.6M

Existing Property Tax will pay for this bond and excess of $400K-$500K can be returned to residences, avg $400-$500/resident/yr savings

If Bond is NOT Approved by voters

Use Cash for capital improvement projects

Continue with WWTP Construction – estimated complete May 2026 (no impact)

Engineering contract the Augusta Standpipe replacement

Build up cash for Augusta Standpipe replacement, need $6.5M, est. 3-4 years

Construction contract for Augusta Standpipe replacement estimated 2028-2029

Review 7 other capital improvement project

Release Engineering contract by priority 1-7 as cash is available

Estimated complete by 2040, cost +17%/yr delayed

Expected to increase property tax by 7-8% per year for next 3 years, increase $400K-500K or avg $400-$500/resident/yr increase