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What is a bond election and what is the April 2 vote about?
A bond election is when the city leverages, in this case already levied property taxes millages (what you pay) to receive funds for larger capital projects, such as roads, bridges, sewerage, etc., that are too expensive to pay through the annual operating budget.

On April 2, voters will be asked to review three separate propositions to secure / solidify, repair / replace or renovate portions of the city’s problematic infrastructure. The three proposals total $175 million, but because the current debt services level of the city is the lowest since 1992, all can be done with no new or additional tax.

2011 Bond

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1. What is a bond election and what is the April 2 vote about?
2. What are the three propositions I can vote on and do I vote separate for each one?
3. How were these projects selected and who selected them?
4. Will this bond issue raise taxes?
5. Doesn’t the city already have too much debt?
6. Does the city have enough money to pay for this debt?
7. If the city has money to pay for this debt, why can’t that money be spent on some of these projects?
8. Why can’t the city just use the general fund to pay for these projects?
9. Will this bond issue help the general fund?
10. Has the city ever issued general obligation bonds for sanitary sewer projects?
11. How much sewer work is estimated in order to resolve current sanitary sewer overflow issues?
12. If proposition 1 fails, what percentage increase in water / sewer rates would likely be required to resolve the current SSO issues?
13. Will this work benefit the local economy?
14. How long will it take for these projects to be completed?
15. Why are some projects listed as "citywide’" or "neighborhood," but without a specific area designation?
16. Why do we have to pay $8 million to comply with Americans with Disabilities Act (ADA) projects?
17. When is the vote?
18. Where do I vote?

City of Shreveport, Louisiana