News Ticker

Tucson Contemplates $200M Bond Package

By Darren DaRonco for the Arizona Daily Star

The city is thinking of asking Tucson voters and tax payers to approve a bond package of between $100 million and $200 million to help pay for a portion of its mounting $837M unfunded transportation needs.

That amount of money would be a ripple in the water, compared to the $1.2 billion in unmet needs a recent city analysis found.

For years, the state legislature has skimmed away money from the Highway User Revenue Fund and other pots of tax money local governments rely on to repair roads and infrastructure.

That has left many cities and counties in Arizona unable to respond properly to maintain and repair their deteriorating roads.

The City Council is expected to discuss the issue [today].

Read more at AZStarNet