2020 K-12 Bond Recap
By Tasha Anderson for AZBEX While the final results have yet to be confirmed, bond issues from Arizona’s November 3rd elections appear to be a mix of approvals and rejections. In all, approximately $361.1M in bonds are headed for approval while approximately $334.6M are currently failing. Approximately $700M worth of Arizona K-12 school district bond measures were […]
Tempe Planning $349M in Bond Requests
By Paulina Pineda for The Arizona Republic Tempe likely will ask voters to approve a $349M bond issue to pay for dozens of capital projects in the next five years, ranging from road improvements to park upgrades. The city weighed asking voters for about half the proposed bond amount — $174M— to help pay for projects planned in […]
Pandemic Complicates Scottsdale Bond Picture
By Wayne Schutsky for Scottsdale Progress As Scottsdale city leaders grapple with the financial implications of the coronavirus crisis, they also are weighing whether or not to delay infrastructure projects connected to the $319M bond approved by voters last November. The city has already approved some smaller bond projects — including some needed fire department expenditures — but was planning to spend the bulk of bond […]
Virus Crisis Kills Flagstaff Bond Considerations
By Adrian Skabelund for Arizona Daily Sun During their last work session, the majority on the Flagstaff City Council decided that given the current crisis and uncertainties that exist, it would not be prudent to move forward with any new municipal bonds. Flagstaff Mayor Coral Evans added that she believed, “At this particular time, we need to really focus […]
HUSD Facilities Need $25M Upgrade
By Nanci Hutson for Daily Courier If Humboldt Unified School District was to simply fix and renovate its 10 school facilities so that they are “functionally” suitable as a learning environment for children, the price tag would be just under $25M. The Governing Board on December 10th was given a full report from a third-party […]
AJ School District Seeks Bonds, Override
By Richard H. Dyer for Apache Junction Independent Voters in a November 5th election will consider authorizing Apache Junction Unified School District to issue and sell $60M in school-improvement bonds and exceed its budget by the lesser of $2M or 10 percent of its revenue control limit. The district’s first override passed in 1999 and […]
Approved CIPs Show Sustained Growth in Sector
By Rebekah Morris for Arizona Builder’s Exchange The final tally is coming in for this year’s budget season, namely, the Capital Improvement Plans for major municipalities. The next five years appear rosy for publicly funded infrastructure and public works projects, a boost of 7.28 percent in the five-year totals from last year. That is notable […]
CIP Talks Taking Root Around the State
By Roland Murphy for Arizona Builder’s Exchange For most Arizonans, Spring means warmer temperatures, baseball and seasonal allergies as the desert starts coming into full bloom. For AZBEX, it means easing (we hope) back into a heavy Public Sector project focus as towns, counties, universities and state agencies start discussing and evaluating their upcoming five-year […]
K12 Market Study Shows Irregularities
By Roland Murphy for Arizona Builder’s Exchange As a reporter and editor, it’s always a strange situation to report on your own organization. Objectivity is impossible, and the temptation to inject opinion is hard to resist. We have spent the past several months hip deep in procurement data, legislative/regulatory review and all manner of associated […]