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2012 Fairfax County Bond Referendums: What You Should Know


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2012 Fairfax County Bond Referendums: What You Should Know

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2012 Fairfax County Bond Referendums: What You Should Know

  1. 1. 2012 Fairfax County Bond ReferendumsWhat You Should Know
  2. 2. 4 Bond Questions on Ballot On Nov. 6, four individual bond questions are on the general election ballot for: • Libraries • ParksVote YES or NO • Public Safety • Stormwater
  3. 3. What You Should Know • It won’t raise your taxes. • County can borrow money at very low interest rates due to its triple-A credit rating.• Money can only be used for the purpose stated—not another program or service.• Bonds aren’t sold until money is needed—this saves money for taxpayers.
  4. 4. Reasons For/Against Bond Financing
  5. 5. Past Projects Paid for by Bonds Ossian Hall Park Oakton Library
  6. 6. Library Bond: $25 Million • Renovate 3 libraries ($15 million) to offer: – Quiet and group study areas – More computers for customers – Upgrades to old, energy inefficient building systems • Build a new regional library in Reston ($10 million)
  7. 7. Public Safety Bond: $55 Million • Rebuild 3 old fire stations that can’t meet current operational needs ($35 million): – Baileys Crossroads – Jefferson – Herndon • Renovate 22 courtrooms in the Fairfax County Courthouse ($20 million): – Security upgrades – Meet ADA requirements – Technology needs
  8. 8. Parks Bond: $75 million Money for the Fairfax County Park Authority ($63 million) and Northern Virginia Regional Park Authority ($12 million). For county parks, money will be used to: • Buy new land for parks and preserve historic sites, like Huntley Tenant House • Make improvements at community parks, like Monticello • Expand existing facilities, like the RECenters, golf courses and Water Mine • Renovate current facilities like trails, playgrounds and athletic fields
  9. 9. Parks Bond: $75 million Project Allocations for the $63 Million for Fairfax County Park Authority Land Acquisition/ Facility Stewardship Expansion 20% 31% Community Parks/New Facilities 12% Existing Facility Renovation 37%
  10. 10. Parks Bond: $75 million Of this bond, $12 million will go to fund Fairfax County’s share of costs to the Northern Virginia Regional Park Authority. NVRPA will use the money to: • Expand public open space and trails • Protect natural, cultural and historic resources • Improve existing facilities • Provide additional recreational opportunities
  11. 11. Stormwater Bond: $30 million Build a levee and pumping station along Cameron Run to protect the Huntington neighborhood which has experienced severe flooding three times in the last 10 years.
  12. 12. For More Fairfax County Office of Public Affairs 12000 Government Center Parkway, Suite 551 Fairfax, VA 22035