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2019 Bond Program
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The 2019 Bond Program includes $220,900,000 of public securities for street improvements, public safety facilities for Police, and the purchase of land for parks.
Budget
| Propositions & Total | Voter Approved Amount* | Total Bond Program (See Note) | Total Spent | Total Encumbered | Total Unencumbered |
|---|---|---|---|---|---|
| Prop. A | $ 154,000,000 | $ 154,000,000 | $ 37,492,685 | $ 29,693,873 | $ 86,813,442 |
| Prop. B | $ 61,900,000 | $ 61,900,000 | $ 59,249,076 | $2,641,884 | $ 9,041 |
| Prop. C | $ 5,000,000 | $ 5,000,000 | $ 2,765,544 | $ 63,749 | $ 2,170,707 |
| Total | $ 220,900,000 | $ 220,900,000 | $ 99,507,305 | $ 32,399,506 | $88,993,190 |
Note: Includes additional funding from other sources. Bond funding will be issued over time.
Proposition A: Street Improvements
The issuance of $154,000,000 of public securities for Street Improvements, and levying a tax in payment thereof.
Street Improvements allocates funding for constructing, reconstructing, or extending streets, roadways, sidewalks, storm drains, traffic control signals, street lighting, medians, and other related transportation infrastructure improvements, including the acquisition of land and easements for such purposes.
The potential projects detailed on the Proposition A: Street Improvements page represent the program the City Council intends to undertake to accomplish the intent of the approved bond propositions; however, projects may change. In that event, the Council may direct that proceeds be expended for other projects within the voter-authorized purposes of each proposition.
Note that bond issuance schedules and estimates are dependent upon a variety of factors and subject to change.
Proposition B: Police Facilities
The issuance of $61,900,000 of public securities for public safety facilities for the Police Department, and levying a tax in payment thereof.
Police facilities allocates funding for constructing, reconstructing, renovating, expanding, improving, equipping, and furnishing public safety facilities for the Police Department including related infrastructure, drainage, landscaping, site and access improvements and the acquisition of land for such purposes.
The potential projects detailed on the Proposition B: Police Facilities page represent the program the City Council intends to undertake to accomplish the intent of the approved bond propositions; however, projects may change. In that event, the Council may direct that proceeds be expended for other projects within the voter-authorized purposes of each proposition.
Note that bond issuance schedules and estimates are dependent upon a variety of factors and subject to change.
Proposition C: Land for Parks
The issuance of $5,000,000 of public securities for Acquisition of Land for Parks, and levying a tax in payment thereof.
Land for parks allocates funding for the purchase of land and interests in land for parks. This land acquisition may also include open spaces. To learn more, visit the Proposition C: Land for Parks page.