News Ticker

Pima County Considers $815M Bond

The proposed $815M bond request package to be considered by Pima County officials this week might include $10M for roadway projects at the UA Tech Park. Photo credit:

By Patrick McNamara for Arizona Daily Star

Supervisors could decide the fate of the largest bond package ever proposed in Pima County as soon as Tuesday, April 21.

The $815M bond proposal would pay for projects covering road repair, tourism creation, open space purchases, economic development, parks and physical-infrastructure improvement throughout the region.

The total bond package would require an increase in the secondary property tax to 81.5 cents per $100 of assessed value, up from 70 cents now.

Supervisors plan to discuss what is being proposed as seven individual bond questions. The largest and most discussed component of the plan is a $200M road and highway improvement proposal.

The road funding would include $160M in yet-to-be determined roadway rehabilitation projects spread throughout county jurisdictions. Another $30M would go toward the Sonoran Corridor to begin a planned connection of Interstate 10 and I-19, with $10M for roadways in the UA Tech Park.

County officials have said the $160M in road repairs and rehabilitation would be disbursed proportionally to the jurisdictions based on net assessed value. Under that distribution formula, Tucson and unincorporated Pima would receive more than 80 percent of the funding.

Also proposed are $191M for parks and recreation; $112M for conservation and historic preservation; $105M for public health, welfare and housing; $98M in tourism promotion; $91M for economic development and workforce training and $16M for flood control.

Read more at Arizona Daily Star

Leave a comment

Your email address will not be published.