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  • Supervisors call for 2015 County Bond Election

    Apr 21, 2015 | Read More News
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    Supervisors meetingThe Pima County Board of Supervisors Tuesday voted 4-1 to approve placing 7 bond propositions before voters Nov. 3. District 1 Supervisor Ally Miller voted no. Combined, the propositions total $815 million, however voters will be able to vote on each proposition, so the total cost of the bond package depends on whether all or some of the propositions pass.

    The propositions and their estimated cost are:
    • Prop. 425 – Road and Highway Improvements: $200 million
    • Prop. 426 – Economic Development, Libraries and Workforce Training: $91.4 million
    • Prop.427 – Tourism Promotion: $98.6 million
    • Prop. 428 – Parks and Recreation: $191.5 million
    • Prop. 429 – Public Health, Welfare, Safety, Neighborhoods and Housing: $105.3 million
    • Prop.430  – Natural Area Conservation and Historic Preservation:  $112 million
    • Prop. 431 – Flood Control and Drainage: $17 million
    There are multiple projects associated with each proposition. They range from $500,000 for expansion of Flowing Wells District Park to $160 million for road repair and pavement preservation. Now that the board has approved a public vote on the seven propositions, staff will begin drafting a bond implementation plan ordinance detailing each of the projects, project costs and scheduling.

    General obligation bonds are a commonly used financing mechanism for local governments and are repaid with property taxes. To avoid exceeding the voluntary tax rate cap of 81.5 cents per $100 of assessed value established by the board, as well as significant fluctuations in property taxes, the bonds would be sold in increments each year for 12 years. As a result, some projects are completed sooner than others. The board will vote on a bond implementation ordinance prior to early voting. The implementation ordinance determines the order of project funding and completion.

    If voters approve all seven propositions, it is estimated that the cost to the owner of a home valued at $152,511, which is the average valued home in Pima County, would be $4.63 a month.

    In the 2004 bond election, voters authorized nearly $600 million in bonds when the county’s total assessed property value was about $5.6 billion. Today’s total assessed value in the county is nearly $7.6 billion.

    More than 450 people attended the board hearing and about 50 people spoke to the board about the bonds.

    The county will accept arguments for and against the propositions between May 18 and June 5 to be included in the state-required publicity pamphlet that will be mailed to registered voters in the county.

    The 25-member Bond Advisory Committee held more than 100 public meetings over eight years to sift through hundreds of funding requests from all parts of the county.

    In 2013, a state-ordered audit by the state Auditor General of the county’s bond program found that the county’s bond programs were a unique collaborative effort with its cities and towns, bond proceeds were fairly used for purposes authorized by the voters, and bond projects benefited citizens throughout Pima County.  

    For more information about the 2015 bond propositions, go to www.pima.gov/bonds2015.