PowerPoint Presentation (Added 6/17/21)

Bond Committee
June 22, 2021

2
Overview
• General Obligation (G.O.) Bonds
• Information on Successful Bond Elections
• Consensus on 2022 Bond Election
• Formation of a Bond Committee
• 2022 Bond Election Timeline

3
General Obligation (G.O.) Bonds
• Paid for using secondary property tax
– Assumes a flat levy
• Must be authorized by voters
• Constitutional limits
– Based on Net Assessed Full Cash Value
– Outstanding G.O. debt may not exceed:
• 20% for combined water, sewer, public safety, streets, transportation, 
open space, and parks
• 6% for general municipal purpose
• 2021 legislation allows for repurposing bond authority

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G.O. Bond Additional Authorization Needed
 Current G. O. Bond 
Voter Authorization 
 FY2022-FY2031 
CIP 
 Remaining G.O. Bond 
Voter Authorization 
 Fiscal Year 
Needed 
Landfill
                  15,540,000                22,528,582                          (6,988,582)
 FY25-26 
Operations Center
                     6,200,000                                  -                             6,200,000 
Library
                  17,096,000                23,966,220                          (6,870,220)
 FY25-26 
Cultural Facility
                  13,132,000                  3,172,624                           9,959,376 
Economic Development                  22,047,000                                  -                           22,047,000 
Governmental Facilities                  23,745,000                23,583,670                               161,330 
Public Safety
                  92,436,320                60,812,544                         31,623,776 
Streets and Parking
                  17,662,295              131,039,994                     (113,377,699)
 FY22-23 
Transit
                     6,750,000                                  -                             6,750,000 
Open Space/Trails
                  50,280,437                22,924,277                         27,356,160 
Parks and Recreation
                  12,505,888              100,079,181                       (87,573,293)
 FY22-23 
Flood Control
                     9,503,744                16,464,435                          (6,960,691)
 FY24-25 
Water and Sewer
                  10,000,000                                  -                           10,000,000

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Information on Successful 2020 Bond Election
• City of Tempe 
– All Five (5) Bond Questions Totaling $349M Passed
• Water and Sewer Improvements ($134M)
• Street Improvements and Storm Drains ($74M)
• Public Safety ($34M)
• Park Improvements and Community Services ($45M)
• Municipal Infrastructure Preservation (62M)
– No Bond Committee
– Public Outreach
• Bond Election Virtual Community Forum (YouTube, 224 Views)
• Article on Tempe Today
• Tempe Chamber of Commerce Voter’s Guide

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Information on Successful 2020 Bond Election
• City of Tempe 
– Endorsement from Tempe Chamber of Commerce
– Election Signs
– Publicity Pamphlet
• Tax impact of $170.88 per year for residence valued at $250k
• Four (4) Arguments FOR the Bonds
– Mayor and Council
– Chair of Tempe Neighborhood Advisory Commission
– Tempe Fire Fighters
– Mayor
• No Arguments AGAINST the Bonds

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Information on Successful 2020 Bond Election
• City of Mesa
– One (1) Bond Question Totaling $100M for Street and Highway Passed 
– No Bond Committee
– Public Outreach
• 4 Public Meetings
• 5 Focus Groups
• 8 Individual Stakeholder Interviews 
– Election Signs

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Information on Successful 2020 Bond Election
• City of Mesa
– Publicity Pamphlet
• Tax impact of $45 per year for residence valued at $250k
• Five (5) Arguments FOR the Bonds
– Chamber of Commerce
– Visit Mesa 
– United Mesa Firefighters
– Mayor
– Connecting Mesa’s Neighborhoods
• No Arguments AGAINST the Bonds

9
Information on Successful 2019 Bond Election
• City of Scottsdale
– All Three (3) Questions Totaling $319M Passed
• Parks, Recreation, and Senior Services ($112.6M)
• Community Spaces and Infrastructure ($112.3M)
• Public Safety and Technology ($94.1M)
– Council Capital Improvement Plan Sub-committee
• 3 Council Members appointed by the Mayor
• Tasked to review the CIP and developed a list of 67 necessary projects but 
lacked funding
– Public Outreach (Feb 19 through March 12)
• Six (6) Public Meetings (211 total attendees)
• Online Engagement (10,910 page views)
• For The Best Scottsdale Political Action Committee (PAC)

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Information on Successful 2019 Bond Election
• City of Scottsdale
– Publicity Pamphlet
• Tax impact of $71.93 per year for a residence valued at $250k
• 59 Combined Arguments FOR the Bonds
– Mayor and Council
– Former Mayors and Council Members
– For The Best Scottsdale PAC
– Chamber of Commerce
– CEO and Presidents of Businesses
• Two (2) Arguments AGAINST the Bonds
– Parks, Recreation, and Senior Services
– In 2015, created a Citizen’s Bond Oversight Committee

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Information on Successful 2007 Bond Election
• City of Glendale
– Five Propositions totaling $270M
• 4 of the 5 passed
• Economic Development Bond failed
– Established a 70-member bond committee
• 5 Subcommittees 
• Held 12 committee meetings
• Committee and Subcommittees made recommendations to add or remove 
projects and increase the amount requested
– Publicity Pamphlet
• No arguments FOR or AGAINST the bonds

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Consensus on 2022 Election
•
No Bond Committee
•
Form a Bond Committee
– Citizens
– Councilmembers
– Size of committee
• Citizen participation
– Public Meetings
– Focus Groups
– Surveys
– Citizens Bond Oversight Committee (post election)

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Bond Committee
• The role of the committee:
– Review financial information
– Review bonding capacity
– Assess need for additional voter authorization
– Recommend ballot language
• Composition of the committee
– Community “Influencers”
• Vested interest in the community
• HOA Presidents
• Business Leaders
• Members of the Chamber of Commerce

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Potential Bond Election Timeline
• Assuming an election in November 2022
– Formation of bond committee
Aug 2021
– Appoint committee members
Sept 2021
– Committee meetings 
Oct 2021 – Mar 2022
– Notify the County of election
Apr 2022
– Public outreach
Apr 2022 – Aug 2022
– Updates to Council
Monthly

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Questions?