Several bond measures pass in Arizona

An unusually heavy bond ballot for Arizona cities and schools appeared to be well received, according to results of Tuesday’s elections.

The affluent Phoenix suburb of Scottsdale won approval for 58 projects to be funded with $319 million of bonds. The projects range from road improvements to public space upgrades.

View of Old Town Scottsdale, Arizona.
Scottsdale old town, art center, Phoenix, USA
Frank Bach/Frankix - stock.adobe.com

Scottsdale had about $547 million of outstanding general obligation bond debt as of its last issue in 2017, according to Moody’s Investors Service. Scottsdale voters also appeared to favor an override renewal for Scottsdale schools, allowing it to increase its operating budget.

To the south of Phoenix, Chandler Unified School District won voter approval for $290.2 million of bonds.

Paradise Valley USD 69 voters also approved a $238.1 million bond referendum with 62% of the vote.

At least 48 school districts across the state sought bond or budget limit override measures, with 26 in Maricopa County, which includes Phoenix and its suburbs, according to a list compiled by the group Expect More Arizona.

While most of the Maricopa County proposals appeared to win passage, requests from the Dysart and Peoria school districts, two major districts in metro Phoenix failed, according to AZcentral.com.

Results in the all-mail election are not yet final.

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