Questions & Answers
Straight answers about Proposition A.
Will my property taxes go up?
No. Proposition A does not authorize a property tax of any kind. The five funding sources named on the ballot are a hotel tax, a rental car tax, an arena parking charge, an arena ticket charge, and a per-game charge on professional players. Your property tax bill is not one of them.
Will my sales tax go up?
No. Proposition A does not authorize a sales tax of any kind.
So who is actually paying for this?
Hotel guests, rental car customers, people who park and buy tickets at the arena, and the professional teams that play there. If you never do any of those things, you never pay toward the arena.
What if the project runs over budget?
The project is financed with revenue bonds secured by the venue taxes listed on the ballot — not by the City's general fund and not by property tax revenue. Cost overruns are the developer's responsibility, not the City of Plano or its residents.
Does the city really own the arena?
Yes. This will be a city-owned building on city-owned land with events held for public purposes. That is written into the ordinance calling the election.
Why does the ballot text look so long and legal?
State law tells the City exactly how to write it. Texas requires a venue proposition to spell out every funding source the City is authorized to use and the maximum rate of each one, and it requires a standard, state-mandated caption at the top of any proposition of this type. This is the same wording that appears on ballots for water districts, emergency service districts, and cities across Texas. The City of Plano cannot edit or soften it. What Proposition A authorizes is the arena and the five travel-and-event charges listed above. It does not authorize a property tax.