About

Addison City Manager David Gaines shared his proposed budget for Fiscal Year 2025 with the City Council on July 31, as is required by Addison’s Charter. His proposed budget is the result of focus on the adopted 2024-2025 Strategic Plan and Key Focus Areas. It also creates a vision for Addison’s future, executes and follows through on the Town's commitments to the community, and supports the employees to exhibit the Addison Way and follow our core values of Accountability, Responsiveness, Innovation, Service, and Integrity.

At the June 25 City Council Meeting, CFO Steven Glickman provided a project status of the 2012 and 2019 bond programs, updates on committed projects, and potential future projects in the context of the five-year capital improvement plan (CIP) that will be included as part of the fiscal year 2025 budget. 

Additionally, the CFO provided information on the proposed Certificates of Obligation, Series 2024. The proposed 2024 Certificates of Obligation issuance totals $10,700,000 and consists of the following:

• $3,400,000 for construction of a new 23,000 square foot public safety communications facility for the joint dispatch center created and owned by the Cities of Coppell, Farmers Branch, and Carrollton along with the Town.
• $1,150,000 for a replacement Spartan Fire Engine.
• $850,000 for Addison Grove incentive payments for public infrastructure. Town staff anticipates that Addison Grove will qualify for the first two incentive payments in late 2024 or early 2025. Each incentive payment is $2,083,333. The Town set aside $3,000,000 between fiscal years 2017 and 2019 to cash fund half the incentive payments. To date, those funds have earned slightly over $300,000 in interest.
• $5,300,000 for Stormwater Fund capital improvement projects supported and serviced by Stormwater Fund revenue. These projects include reconstruction of Keller Springs Road ($2,800,000) and Les Lacs Pond Improvements ($2,500,000).

With the proposed issuance, and accounting for anticipated growth in taxable property values and State Infrastructure Bank loan proceeds of $15,000,000, the Interest and Sinking (I&S) tax rate is estimated to increase from $0.159492/$100 in Fiscal Year 2024 to $0.174100/$100 in Fiscal Year 2025. The 2019 Bond Committee estimated that for Fiscal Year 2025, the I&S tax rate would be approximately $0.255400/$100, which is almost 47% higher than the current estimate for Fiscal Year 2025.

At the May 28 City Council Meeting, Parks & Recreation Director Janna Tidwell provided the Council with updates on a study by the North Central Texas Council of Governments (NCTCOG), focusing on connectivity to the Dallas Area Rapid Transit (DART) Rail Station in Addison, and the Quorum Drive reconstruction and placemaking initiative.

NCTCOG Connectivity Study

In 2023, NCTCOG informed Town staff that funds were available to conduct a study focusing on connectivity to DART transit stations and offered to include Addison in the study. Since that time, Town staff has been providing feedback and reviewing recommendations made by NCTCOG and the consultant team for the project. 

Although several transportation corridors in Addison were analyzed for the feasibility of pedestrian and bikeway facilities, Westgrove Road and Quorum Drive were identified as the most ideal. The recommendations include a combination ranging from one-way separated bike lanes to two-way cycle tracks. Staff is planning a three-week pop-up demonstration after Oktoberfest to evaluate the impact of bike trails on Quorum Drive.

Quorum Drive Placemaking Initiative

In 2019, voters approved $26,302,000 for the reconstruction of Quorum Drive from the Dallas North Tollway to the DART rail right of way as part of a bond election. The project includes the development of pedestrian connectivity and $2.9 million in funds for placemaking recommendations made in the Town's Parks, Recreation & Open Space (PROS) plan. In 2022, the Council awarded a contract to Teague Nall and Perkins for the design and development of construction documents for the project and appointed a Public Advisory Committee to be a resource for background information and feedback in 2023. The committee has met three times and has been engaged throughout the process.

The recommendations for the project include removing the traffic circle and creating a park, adding park space and outdoor coworking space along the corridor, and incorporating a pedestrian/bike crossing at Belt Line. The vision would offer gathering space for corporate functions and visitors and an opportunity to facilitate open street concept events on weekends.

Since the bike lane project recommendations overlap with the Quorum Drive Reconstruction and Placemaking project, staff will incorporate recommendations into the construction documents where feasible.