{"id":281,"date":"2015-08-27T22:00:00","date_gmt":"2015-08-27T22:00:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/2015\/08\/27\/32-billion-transportation-bond-approved-in-red-state\/"},"modified":"2015-08-27T22:00:00","modified_gmt":"2015-08-27T22:00:00","slug":"32-billion-transportation-bond-approved-in-red-state","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/32-billion-transportation-bond-approved-in-red-state\/","title":{"rendered":"$32 Billion transportation bond approved in Red State"},"content":{"rendered":"<p>55% of Phoenix voters approved a $31.7 billion transportation bond package that will add:<\/p>\n<ul>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">\u00a0Triple\u00a0Valley Metro&#8217;s light rail system<\/span><\/li>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">Add more buses<\/span><\/li>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">More city street upgrades<\/span><\/li>\n<li>1,150<span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">\u00a0Miles of Bike Lanes <\/span><\/li>\n<li>170<span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">\u00a0Miles of Sidewalks<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">The bond package will be backed by:<\/span><\/p>\n<ul>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">The city&#8217;s transportation sales tax\u00a0will go to 0.7% from the current 0.4%<\/span>\n<ul>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">Except for\u200btransactions over $10,000, which are exempted<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">$5.1 billion of\u00a0\u200b<\/span><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">\u200b<\/span><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">Transit fares\u00a0<\/span><\/li>\n<\/ul>\n<p>The financials are:<\/p>\n<ul>\n<li>$2.9 billion for debt service and a reserve fund.\u00a0<\/li>\n<li>Bus and bus rapid transit will get $17.5 billion<\/li>\n<li>$11.9 billion dedicated to maintaining the current level of service<\/li>\n<li>$1.9 billion allocated to new and extended bus routes.<\/li>\n<li>$8.9 billion for rail projects includes:\n<ul>\n<li>$6.7 billion for 42 miles of new line and<\/li>\n<li>$2.2 billion for upkeep of the current 20-mile.<\/li>\n<\/ul>\n<\/li>\n<li>Phoenix will devote $2.4 billion from the 35-year program to city streets.<\/li>\n<li>Major street and bridge projects are funded at $280 million.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.bondbuyer.com\/news\/washington-infrastructure\/phoenix-voters-approve-31b-transportation-plan-1083028-1.html\">\u200bBondBuyer<\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>55% of Phoenix voters approved a $31.7 billion transportation bond package that will add:<\/p>\n<ul>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">\u00a0Triple\u00a0Valley Metro&#8217;s light rail system<\/span><\/li>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">Add more buses<\/span><\/li>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">More city street upgrades<\/span><\/li>\n<li>1,150<span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">\u00a0Miles of Bike Lanes <\/span><\/li>\n<li>170<span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">\u00a0Miles of Sidewalks<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">The bond package will be backed by:<\/span><\/p>\n<ul>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">The city&#8217;s transportation sales tax\u00a0will go to 0.7% from the current 0.4%<\/span>\n<ul>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">Except for\u200btransactions over $10,000, which are exempted<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">$5.1 billion of\u00a0\u200b<\/span><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">\u200b<\/span><span style=\"color:rgb(51,51,51);font-family:Arial, sans-serif;font-size:14px;line-height:20px;background-color:rgb(255,255,255);\">Transit fares\u00a0<\/span><\/li>\n<\/ul>\n<p>The financials are:<\/p>\n<ul>\n<li>$2.9 billion for debt service&#8230;<\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,8,4,5],"tags":[],"class_list":["post-281","post","type-post","status-publish","format-standard","hentry","category-bicycle","category-funding","category-railways","category-roads","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/comments?post=281"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/281\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/media?parent=281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/categories?post=281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/tags?post=281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}