SlideShare une entreprise Scribd logo
1  sur  12
Télécharger pour lire hors ligne
2012 Fairfax County
  Bond Referendums

What You Should Know
4 Bond Questions on Ballot
                 On Nov. 6, four individual
                 bond questions are on the
                 general election ballot for:
                 • Libraries
                 • Parks
Vote YES or NO
                 • Public Safety
                 • Stormwater
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.
Reasons For/Against
  Bond Financing
Past Projects Paid for by Bonds



                     Ossian Hall Park




   Oakton Library
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)
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
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
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%
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
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.
For More Information
www.fairfaxcounty.gov/bond
    Fairfax County Office of Public Affairs
 12000 Government Center Parkway, Suite 551
              Fairfax, VA 22035

Contenu connexe

En vedette

En vedette (16)

Silver Line Update: December 1, 2015
Silver Line Update: December 1, 2015Silver Line Update: December 1, 2015
Silver Line Update: December 1, 2015
 
Joint Meeting of the Board of Supervisors and School Board: FY 2018 Budget Fo...
Joint Meeting of the Board of Supervisors and School Board: FY 2018 Budget Fo...Joint Meeting of the Board of Supervisors and School Board: FY 2018 Budget Fo...
Joint Meeting of the Board of Supervisors and School Board: FY 2018 Budget Fo...
 
FY 2018 Fiscal Forecast School Operating Fund
FY 2018 Fiscal Forecast School Operating FundFY 2018 Fiscal Forecast School Operating Fund
FY 2018 Fiscal Forecast School Operating Fund
 
Joint Meeting of the Board of Supervisors and School Board: FY 2017-FY 2018 B...
Joint Meeting of the Board of Supervisors and School Board: FY 2017-FY 2018 B...Joint Meeting of the Board of Supervisors and School Board: FY 2017-FY 2018 B...
Joint Meeting of the Board of Supervisors and School Board: FY 2017-FY 2018 B...
 
FY 2017 Fiscal Forecast School Operating Fund
FY 2017 Fiscal Forecast School Operating FundFY 2017 Fiscal Forecast School Operating Fund
FY 2017 Fiscal Forecast School Operating Fund
 
Prescription Drug and Heroin Abuse in Fairfax County
Prescription Drug and Heroin Abuse in Fairfax CountyPrescription Drug and Heroin Abuse in Fairfax County
Prescription Drug and Heroin Abuse in Fairfax County
 
Emerald Ash Borer Ash Tree Removal and Replacement
Emerald Ash Borer Ash Tree Removal and ReplacementEmerald Ash Borer Ash Tree Removal and Replacement
Emerald Ash Borer Ash Tree Removal and Replacement
 
Emerald Ash Borer Homeowner Management Options
Emerald Ash Borer Homeowner Management OptionsEmerald Ash Borer Homeowner Management Options
Emerald Ash Borer Homeowner Management Options
 
Please Don't Top Trees
Please Don't Top TreesPlease Don't Top Trees
Please Don't Top Trees
 
Fairfax County Youth Survey School Year 2013-2014: Bullying and Cyberbullying
Fairfax County Youth Survey School Year 2013-2014: Bullying and CyberbullyingFairfax County Youth Survey School Year 2013-2014: Bullying and Cyberbullying
Fairfax County Youth Survey School Year 2013-2014: Bullying and Cyberbullying
 
Snow Summit Follow-Up July 2016
Snow Summit Follow-Up July 2016Snow Summit Follow-Up July 2016
Snow Summit Follow-Up July 2016
 
Update on Tysons Transportation Projects: Board Transportation Committee: Feb...
Update on Tysons Transportation Projects: Board Transportation Committee: Feb...Update on Tysons Transportation Projects: Board Transportation Committee: Feb...
Update on Tysons Transportation Projects: Board Transportation Committee: Feb...
 
Fairfax County Zoning Ordinance Modernization Project
Fairfax County Zoning Ordinance Modernization ProjectFairfax County Zoning Ordinance Modernization Project
Fairfax County Zoning Ordinance Modernization Project
 
คู่มือการป้องกันควบคุมโรคติดเชื้อไวรัสซิกา
คู่มือการป้องกันควบคุมโรคติดเชื้อไวรัสซิกาคู่มือการป้องกันควบคุมโรคติดเชื้อไวรัสซิกา
คู่มือการป้องกันควบคุมโรคติดเชื้อไวรัสซิกา
 
March 2017 Proposed Service Changes
March 2017 Proposed Service ChangesMarch 2017 Proposed Service Changes
March 2017 Proposed Service Changes
 
Annual Contract for Stream and Water Quality Improvements: Golden Woods Pond ...
Annual Contract for Stream and Water Quality Improvements: Golden Woods Pond ...Annual Contract for Stream and Water Quality Improvements: Golden Woods Pond ...
Annual Contract for Stream and Water Quality Improvements: Golden Woods Pond ...
 

Similaire à 2012 Fairfax County Bond Referendums: What You Should Know

Parks - FY 12
Parks - FY 12Parks - FY 12
Parks - FY 12
awade1104
 
Historic preservation workshop presentation
Historic preservation workshop presentationHistoric preservation workshop presentation
Historic preservation workshop presentation
KorayErgur
 
Finding, Funding & Finishing a Park
Finding, Funding & Finishing a ParkFinding, Funding & Finishing a Park
Finding, Funding & Finishing a Park
IPRA conference
 
K.1 turkey point units 6 & 7 project
K.1 turkey point units 6 & 7 projectK.1 turkey point units 6 & 7 project
K.1 turkey point units 6 & 7 project
ascemiami-dade
 
North Street Park Grant Application LCF
North Street Park Grant Application LCFNorth Street Park Grant Application LCF
North Street Park Grant Application LCF
Richard J. Lott
 

Similaire à 2012 Fairfax County Bond Referendums: What You Should Know (20)

Parks - FY 12
Parks - FY 12Parks - FY 12
Parks - FY 12
 
July 29-1030-Ellen Tarquinio
July 29-1030-Ellen TarquinioJuly 29-1030-Ellen Tarquinio
July 29-1030-Ellen Tarquinio
 
Brownfields Redevelopment Case Studies
Brownfields Redevelopment Case Studies Brownfields Redevelopment Case Studies
Brownfields Redevelopment Case Studies
 
LSParks - What’s next for the legacy for tomorrow and beyond.
LSParks - What’s next for the legacy for tomorrow and beyond.LSParks - What’s next for the legacy for tomorrow and beyond.
LSParks - What’s next for the legacy for tomorrow and beyond.
 
Historic preservation workshop presentation
Historic preservation workshop presentationHistoric preservation workshop presentation
Historic preservation workshop presentation
 
Jeffrey Klein - NRIC.pptx(edited)
Jeffrey Klein - NRIC.pptx(edited)Jeffrey Klein - NRIC.pptx(edited)
Jeffrey Klein - NRIC.pptx(edited)
 
ccwcd bond public meeting
 ccwcd bond public meeting ccwcd bond public meeting
ccwcd bond public meeting
 
Finding, Funding & Finishing a Park
Finding, Funding & Finishing a ParkFinding, Funding & Finishing a Park
Finding, Funding & Finishing a Park
 
Minnesota Brightfields Study Results
Minnesota Brightfields Study ResultsMinnesota Brightfields Study Results
Minnesota Brightfields Study Results
 
Parks District meeting - 04/25
Parks District meeting - 04/25Parks District meeting - 04/25
Parks District meeting - 04/25
 
Turning Stormwater into Neighborhood Parks
Turning Stormwater into Neighborhood ParksTurning Stormwater into Neighborhood Parks
Turning Stormwater into Neighborhood Parks
 
3. MI NRTF CaseStudy
3. MI NRTF CaseStudy3. MI NRTF CaseStudy
3. MI NRTF CaseStudy
 
K.1 turkey point units 6 & 7 project
K.1 turkey point units 6 & 7 projectK.1 turkey point units 6 & 7 project
K.1 turkey point units 6 & 7 project
 
North Street Park Grant Application LCF
North Street Park Grant Application LCFNorth Street Park Grant Application LCF
North Street Park Grant Application LCF
 
SF Forest Alliance Presentation (10/2012)
SF Forest Alliance Presentation (10/2012)SF Forest Alliance Presentation (10/2012)
SF Forest Alliance Presentation (10/2012)
 
Conservation partnerships for parks and recreation
Conservation partnerships for parks and recreationConservation partnerships for parks and recreation
Conservation partnerships for parks and recreation
 
Bay-Delta Update - Carlsbad City Council, Sept. 17, 2013
Bay-Delta Update - Carlsbad City Council, Sept. 17, 2013Bay-Delta Update - Carlsbad City Council, Sept. 17, 2013
Bay-Delta Update - Carlsbad City Council, Sept. 17, 2013
 
2013.05.21 public meeting_3
2013.05.21 public meeting_32013.05.21 public meeting_3
2013.05.21 public meeting_3
 
Hidalgo county green initiatives presentation teeks
Hidalgo county green initiatives presentation  teeksHidalgo county green initiatives presentation  teeks
Hidalgo county green initiatives presentation teeks
 
Fclf Programs and Projects - CF Forum
Fclf Programs and Projects - CF ForumFclf Programs and Projects - CF Forum
Fclf Programs and Projects - CF Forum
 

Plus de Fairfax County

Plus de Fairfax County (20)

Merrifield Nursery Emergency Gravity Sewer Replacement
Merrifield Nursery Emergency Gravity Sewer ReplacementMerrifield Nursery Emergency Gravity Sewer Replacement
Merrifield Nursery Emergency Gravity Sewer Replacement
 
SULLY BASINS STORMWATER POND RETROFITS
SULLY BASINS STORMWATER POND RETROFITS SULLY BASINS STORMWATER POND RETROFITS
SULLY BASINS STORMWATER POND RETROFITS
 
Clarks Crossing Road Improvements 05-13-22
 Clarks Crossing Road Improvements 05-13-22 Clarks Crossing Road Improvements 05-13-22
Clarks Crossing Road Improvements 05-13-22
 
Tysons West Wastewater Conveyance Systems Modifications Project 05-22.pptx
Tysons West Wastewater Conveyance Systems Modifications Project 05-22.pptxTysons West Wastewater Conveyance Systems Modifications Project 05-22.pptx
Tysons West Wastewater Conveyance Systems Modifications Project 05-22.pptx
 
Lorton Volunteer Fire Station #19
Lorton Volunteer Fire Station  #19 Lorton Volunteer Fire Station  #19
Lorton Volunteer Fire Station #19
 
Scotts Run at Old Meadow Road Park Phase I and Phase II Stream Restoration
Scotts Run at Old Meadow Road Park Phase I and Phase II Stream RestorationScotts Run at Old Meadow Road Park Phase I and Phase II Stream Restoration
Scotts Run at Old Meadow Road Park Phase I and Phase II Stream Restoration
 
Sully Community Center Construction Progress
Sully Community Center Construction ProgressSully Community Center Construction Progress
Sully Community Center Construction Progress
 
Riverwood Community Meeting - 04-14-2022- Presentation.pptx
Riverwood Community Meeting - 04-14-2022- Presentation.pptxRiverwood Community Meeting - 04-14-2022- Presentation.pptx
Riverwood Community Meeting - 04-14-2022- Presentation.pptx
 
Burke VRE Connector Phase IV
Burke VRE Connector Phase IVBurke VRE Connector Phase IV
Burke VRE Connector Phase IV
 
Long Branch Public Meeting - FINAL - 04-11-2022
Long Branch Public Meeting - FINAL - 04-11-2022Long Branch Public Meeting - FINAL - 04-11-2022
Long Branch Public Meeting - FINAL - 04-11-2022
 
Workhouse Arts Stakeholder Kick Offpptx
Workhouse Arts Stakeholder Kick OffpptxWorkhouse Arts Stakeholder Kick Offpptx
Workhouse Arts Stakeholder Kick Offpptx
 
Workhouse Arts Affordable Housing Council
Workhouse Arts Affordable Housing CouncilWorkhouse Arts Affordable Housing Council
Workhouse Arts Affordable Housing Council
 
Rabbit Branch at Collingham Drive Stream Restoration - March 28, 2022.pptx
 Rabbit Branch at Collingham Drive Stream Restoration - March 28, 2022.pptx Rabbit Branch at Collingham Drive Stream Restoration - March 28, 2022.pptx
Rabbit Branch at Collingham Drive Stream Restoration - March 28, 2022.pptx
 
LAKE BARTON DREDGING, RESTORATION AND RISER MODIFICATION PROJECT
LAKE BARTON DREDGING, RESTORATION AND RISER MODIFICATION PROJECT LAKE BARTON DREDGING, RESTORATION AND RISER MODIFICATION PROJECT
LAKE BARTON DREDGING, RESTORATION AND RISER MODIFICATION PROJECT
 
Reston Arts Community Center Feasibility - Wrap Up
 Reston Arts Community Center Feasibility - Wrap Up Reston Arts Community Center Feasibility - Wrap Up
Reston Arts Community Center Feasibility - Wrap Up
 
Stormwater Wastewater Facility Virtual Community Meeting, March 29, 2022
Stormwater Wastewater Facility Virtual Community Meeting, March 29, 2022Stormwater Wastewater Facility Virtual Community Meeting, March 29, 2022
Stormwater Wastewater Facility Virtual Community Meeting, March 29, 2022
 
Reston Arts Center Feasibility Study Focus Group - March 28, 2022
Reston Arts Center Feasibility Study Focus Group - March 28, 2022Reston Arts Center Feasibility Study Focus Group - March 28, 2022
Reston Arts Center Feasibility Study Focus Group - March 28, 2022
 
Oak Marr Pump Station Rehabilitation – Construction Project
Oak Marr Pump Station Rehabilitation – Construction ProjectOak Marr Pump Station Rehabilitation – Construction Project
Oak Marr Pump Station Rehabilitation – Construction Project
 
Tucker Avenue Neighborhood Community Meeting, 03-15-2022
Tucker Avenue Neighborhood Community Meeting, 03-15-2022Tucker Avenue Neighborhood Community Meeting, 03-15-2022
Tucker Avenue Neighborhood Community Meeting, 03-15-2022
 
Reston Arts Center Feasibility - Focus Group Visual Arts
Reston Arts Center Feasibility -  Focus Group Visual ArtsReston Arts Center Feasibility -  Focus Group Visual Arts
Reston Arts Center Feasibility - Focus Group Visual Arts
 

Dernier

THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
Faga1939
 
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
hyt3577
 
9953056974 Call Girls In Pratap Nagar, Escorts (Delhi) NCR
9953056974 Call Girls In Pratap Nagar, Escorts (Delhi) NCR9953056974 Call Girls In Pratap Nagar, Escorts (Delhi) NCR
9953056974 Call Girls In Pratap Nagar, Escorts (Delhi) NCR
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
The political system of the united kingdom
The political system of the united kingdomThe political system of the united kingdom
The political system of the united kingdom
lunadelior
 
call girls inMahavir Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
call girls inMahavir Nagar  (delhi) call me [🔝9953056974🔝] escort service 24X7call girls inMahavir Nagar  (delhi) call me [🔝9953056974🔝] escort service 24X7
call girls inMahavir Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 

Dernier (20)

04052024_First India Newspaper Jaipur.pdf
04052024_First India Newspaper Jaipur.pdf04052024_First India Newspaper Jaipur.pdf
04052024_First India Newspaper Jaipur.pdf
 
declarationleaders_sd_re_greens_theleft_5.pdf
declarationleaders_sd_re_greens_theleft_5.pdfdeclarationleaders_sd_re_greens_theleft_5.pdf
declarationleaders_sd_re_greens_theleft_5.pdf
 
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
 
10052024_First India Newspaper Jaipur.pdf
10052024_First India Newspaper Jaipur.pdf10052024_First India Newspaper Jaipur.pdf
10052024_First India Newspaper Jaipur.pdf
 
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
 
KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...
KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...
KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...
 
06052024_First India Newspaper Jaipur.pdf
06052024_First India Newspaper Jaipur.pdf06052024_First India Newspaper Jaipur.pdf
06052024_First India Newspaper Jaipur.pdf
 
05052024_First India Newspaper Jaipur.pdf
05052024_First India Newspaper Jaipur.pdf05052024_First India Newspaper Jaipur.pdf
05052024_First India Newspaper Jaipur.pdf
 
Job-Oriеntеd Courses That Will Boost Your Career in 2024
Job-Oriеntеd Courses That Will Boost Your Career in 2024Job-Oriеntеd Courses That Will Boost Your Career in 2024
Job-Oriеntеd Courses That Will Boost Your Career in 2024
 
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
 
China's soft power in 21st century .pptx
China's soft power in 21st century   .pptxChina's soft power in 21st century   .pptx
China's soft power in 21st century .pptx
 
Dubai Call Girls Pinky O525547819 Call Girl's In Dubai
Dubai Call Girls Pinky O525547819 Call Girl's In DubaiDubai Call Girls Pinky O525547819 Call Girl's In Dubai
Dubai Call Girls Pinky O525547819 Call Girl's In Dubai
 
9953056974 Call Girls In Pratap Nagar, Escorts (Delhi) NCR
9953056974 Call Girls In Pratap Nagar, Escorts (Delhi) NCR9953056974 Call Girls In Pratap Nagar, Escorts (Delhi) NCR
9953056974 Call Girls In Pratap Nagar, Escorts (Delhi) NCR
 
The political system of the united kingdom
The political system of the united kingdomThe political system of the united kingdom
The political system of the united kingdom
 
America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...
America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...
America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...
 
Politician uddhav thackeray biography- Full Details
Politician uddhav thackeray biography- Full DetailsPolitician uddhav thackeray biography- Full Details
Politician uddhav thackeray biography- Full Details
 
call girls inMahavir Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
call girls inMahavir Nagar  (delhi) call me [🔝9953056974🔝] escort service 24X7call girls inMahavir Nagar  (delhi) call me [🔝9953056974🔝] escort service 24X7
call girls inMahavir Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
 
Unveiling the Characteristics of Political Institutions_ A Comprehensive Anal...
Unveiling the Characteristics of Political Institutions_ A Comprehensive Anal...Unveiling the Characteristics of Political Institutions_ A Comprehensive Anal...
Unveiling the Characteristics of Political Institutions_ A Comprehensive Anal...
 
*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...
*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...
*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...
 
422524114-Patriarchy-Kamla-Bhasin gg.pdf
422524114-Patriarchy-Kamla-Bhasin gg.pdf422524114-Patriarchy-Kamla-Bhasin gg.pdf
422524114-Patriarchy-Kamla-Bhasin gg.pdf
 

2012 Fairfax County Bond Referendums: What You Should Know

  • 1. 2012 Fairfax County Bond Referendums What You Should Know
  • 2. 4 Bond Questions on Ballot On Nov. 6, four individual bond questions are on the general election ballot for: • Libraries • Parks Vote YES or NO • Public Safety • Stormwater
  • 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. Reasons For/Against Bond Financing
  • 5. Past Projects Paid for by Bonds Ossian Hall Park Oakton Library
  • 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. 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. 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. 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. 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. 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. For More Information www.fairfaxcounty.gov/bond Fairfax County Office of Public Affairs 12000 Government Center Parkway, Suite 551 Fairfax, VA 22035