As residents prepare to vote on the $340 million Frisco Center for the Arts proposal, Mayor Jeff Cheney and the rest of city council are facing community skepticism — especially concerns about how it will be funded.
The proposal outlines funding from a mix of city corporations, school district bonds, private donations and public-private partnerships. But the language of the ballot, particularly its reference to “ad valorem taxes,” has caused confusion and stirred opposition.
Breaking Down Tax Questions
The fear that the new arts center will result in higher property taxes has become the most common criticism from residents . Cheney insists those fears are unfounded.
“From the very beginning, city council has been aligned that the only way we would bring this project to the voters is to ensure it does not impact our property taxes,” Cheney wrote in a statement …