Does the city have enough money to pay for this debt?
Yes. The 26.56 mills (lowest since 1990) designated for the Debt Service Fund can only be used to pay on general obligation bonds. Additionally, the Citizen’s Bond Issue Study Committee purposely left an additional $113 million in residual bonding capacity that could be bonded in the event of a city-wide emergency in the future. This amount could also be added without an increase in taxes.

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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?