Fountain Hills Town Transportation and Street Bonds, Question 1 (November 2013)
A Fountain Hills Town Transportation and Street Bonds, Question 1 ballot question was on the November 5, 2013, election ballot for voters in the town of Fountain Hills in Maricopa County, which is in Arizona. It was approved.
This measure authorized the town of Fountain Hills to increase its debt by $8.2 million through issuing general obligation bonds in that amount. The money will be used to fund transportation and street upgrades. In particular, the town plans to use the money to rebuild Saguaro Blvd. The tax rate required to pay back this debt in five years was estimated at $0.51 per $100 of secondary assessed valuation.
The town budget for 2013-14 was proposed to be $41,655,378. This is about $10 million more than 2013-14 budget of $31,513,009. The proposed bond question was the main reason for the budget increase.
Fountain Hills voters rejected a $29.6 million bond measure in 2011.Cite error: Invalid
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- These final, certified results are from the Maricopa County elections office.
- Citizens for Saguaro
- Bob Thomson, local attorney and chair of Citizens for Saguaro
- Former Mayor Jerry Miles
Arguments in favor
- “Maintenance of our streets and roads is one of the fundamental responsibilities of our town government."
- Over the last few years, because of budgetary problems, Saguaro Blvd. has fallen into serious disrepair. One of the problems with asphalt is that once it is allowed to deteriorate, it becomes geometrically more expensive to repair. With the bond issue, we will be playing catch-up. Once Saguaro is redone, the town’s newly adopted street maintenance program will keep it well maintained.”