City Council Approves Proposed $500M General Obligation (GO) Bond Program

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Picture of Phoenix City Hall

On Tuesday, Phoenix City Council voted to approve​ the proposed $500 million 2023 GO Bond Program as presented by the GO Bond Executive Committee.

After three months of committee deliberation and extensive p​ublic input, the GO Bond Executive Committee recommended several projects and programs for City Council consideration. A summary of allocations per subcommittee as well as a list of recommended projects/programs to be completed is available on the City’s website​.

Phoenix City Council approved the following allocations per program area totaling $500 million:

  • Arts & Culture – $50,385,000
  • Economic Development & Education – $38,000,000
  • Environment & Sustainability – $26,000,000
  • Housing, Human Services & Homelessness – $63,000,000
  • Neighborhoods & City Services – $44,615,000
  • Parks & Recreation – $64,000,000
  • Public Safety – $132,500,000
  • Streets & Storm Drainage – $81,500,000

City staff will begin the next steps to prepare election materials for City Council approval and then voters will decide the outcome during a November 2023 Special Bond Election.

Mayor Kate Gallego applauded the GO Bond committees for the months of effort that went into creating the final proposals. “This was a complex project, and our committee members – who already lead busy lives –  generously gave of their time and expertise to prioritize and craft these proposals that came to the council today. I am deeply grateful for their commitment to making the City of Phoenix a better place.”

GO Bond Executive Committee Chair Sharon Harper added, “After months of meetings with my fellow committee members and passionate residents, I’m grateful that Phoenix City Council approved the proposed 2023 GO Bond Program. By giving residents a voice in the conversation, we’ve created a pathway to this bond program’s ultimate success. If passed by voters, this GO Bond is sure to make a positive and lasting impact to our City.”

Read more about the proposed projects here.

Speak Your Mind

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events