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City of Phoenix Leaders Celebrate Approval Of $500 Million Bond Initiative

By on November 9, 2023 0 101Views

The residents of Phoenix gave their approval to a $500 million General Obligation Bond program on Wednesday, and the city’s officials were pleased.

This grant will work to bolster security, enrich life experiences, energize commerce, and confront the issue of expensive housing.

In a press release, Mayor Kate Gallego expressed her gratitude to the Phoenix voters, citing that the funds would be allocated towards a variety of causes, such as libraries, fire stations, an ASU medical school, a Latino Cultural Center, and more.

Many believe with the passage, this investment in the future will enable government to meet the needs of Phoenix as it continues to expand.

What was the outcome of the bond vote in Phoenix?

Phoenix citizens gave a resounding endorsement for the four-question bond package in Tuesday’s jurisdictional elections in Maricopa County. As the majority of the ballots were tallied, each measure was poised to pass with the majority of at least 60% voting in favor.

An overwhelming majority of voters (70%) endorsed the $214 million bond initiative for public safety.

What was part of the Phoenix bond package?

  • A total of $214 million allocated for fire, police, roads and pedestrian infrastructure.
  • $109 million designated for libraries, parks and historic preservation.
  • Allocating $114 million for education, economic growth, making city facilities more energy efficient, and arts and culture.
  • Setting aside $63 million for low-cost housing and a new senior center.

A number of projects will receive funding from the bonds, such as the Cesar Chavez Senior Center, Estrella Civic Space Park and Library, Esteban Park Recreation Center, Harmon Park’s splash pads, the Children’s Museum’s expansion, and the reconstruction of Fire Station 7 in Sunnyslope.

Betty Guardado, a Councilwoman, expressed her enthusiasm in a press release stating, “Phoenix’s voters have expressed their decision, and we are very pleased to note that the bond was approved. This bond is a major step forward in strengthening safety, bettering the quality of life, and constructing a more advanced and modern city for everyone – and we could not be more enthusiastic about it.”