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NOVEMBER 7, 2023, ELECTION: $500M CITY OF PHOENIX GENERAL OBLIGATION BOND

Phoenix will be holding a special general obligation bond election with four categories of bond-funded projects on the ballot. The Phoenix City Council approved recommendations concerning the $500 million bond-projects package last December, and at its June 7th meeting the Council approved sending the $500 million general obligation (GO) bond to the ballot. GO Bond programs include:

  • Arts & Culture – $50,385,000
  • Economic Development & Education – $38,000,000
  • Environment & Sustainability – $26,000,000
  • Housing, Human Services & Homelessness – $63,000,000
  • Neighborhoods & City Services – $44,615,000
  • Parks & Recreation – $64,000,000
  • Public Safety – $132,500,000
  • Streets & Storm Drainage – $81,500,000
  • Heading up the “Let’s GO Phoenix!” campaign pushing the bond are Councilmember Kesha Hodge Washington (D, District 8) and Sunbelt Holdings CEO John Graham, who claims, “We can pass a city bond package that will not increase tax rates. It will simply continue the rate property owners are paying now for existing bonds which costs the average homeowner only 6 cents per day.” For City Council and Community Feedback reports, see here. For additional information, or to submit questions or comments, visit here.

     

    News:

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