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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

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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