Bond Measures

Bond measures are local funding proposals, typically seen on ballots, that allow governments or school districts to borrow money for specific projects, like building schools or infrastructure improvements. When voters approve a bond measure, it authorizes the government to issue bonds, which are loans from investors. The government then repays these loans over time, usually through property tax increases. This funding helps finance important community projects that might not be possible through regular budgets, ensuring that vital services and facilities can be maintained or improved for residents.