Phoenix considering $500 million bond projects
Phoenix is trying to generate excitement over a proposed bond program worth half a billion dollars.
Eight subcommittees representing different city services will hold public meetings to gather resident input and hear pitches from city departments. The subcommittees will rank proposed projects and make recommendations for the executive committee to review before sending them to city leaders.
If the council approves, voters will decide the bond program in November 2023. Bonds are used to finance capital projects like police and fire stations, parks and libraries. Considering the council’s recent approval of citywide plans to address housing and climate action, it’s likely potential bond projects will address those areas.
Bonds are paid for through the city’s secondary property tax, which is projected to remain the same if the new bond program passes “absent unanticipated legislative and/or economic changes."
People interested in sharing input can sign up online to speak at meetings or attend in person.
The city also created an online tool that allows residents to recommend projects.
Comments can also be submitted electronically and by leaving a phone message at 602-262-4800 (TTY 711).