Prosper residents will vote this November on a $192.3 million bond aimed at funding road improvements, town facilities and public safety services to support the town’s rapid growth.

Since voters approved a $210 million bond in 2020, Prosper’s population has increased by a rate of about 50%, according to data from the Prosper Economic Development Corporation.

Deputy Town Manager Bob Scott said growth required the town to accelerate the 2020 bond program to finish in six years, rather than the initially planned 10 years.

As a result, town officials are expecting to run out of capacity from the 2020 bond by next year, Scott said.

“If we wanted to continue our road improvement program without stoppage, without a gap in there, we would ... have to have more authorization, which is what

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