Election Guide: Voters Asked to Approve $344M in Bonds

Along with choosing the next president, Loudoun voters will be asked to green light a hefty $344.69 million in bonds for school and county projects at the polls Nov. 8.

The proposed general obligation bonds, if approved, would be used to fund construction of three new schools, a regional park, road improvements and a new fire and rescue station, among other projects.

Voters will not necessarily have a say on whether the projects will be completed; School Board and Board of Supervisors have already approved them. The referenda seek the authority to issue general obligation bonds to fund them. If the bond referendum is not approved, the supervisors may move the projects forward with other funding mechanisms.

The four bond questions will read as follows (vote yes or no on each):

Parks and recreation projects: Shall the County of Loudoun, Virginia contract a debt and issue its general obligation capital improvement bonds in the maximum principal amount of $76,115,000 to finance, in whole or in part, the costs to design, construct and equip a recreation and community center in Ashburn, Hal and Berni Hanson Regional Park in the Blue Ridge District, and other public park, recreational and community center facilities approved in the County’s Capital Improvement Program?

Public safety projects: Shall the County of Loudoun, Virginia contract a debt and issue its general obligation capital improvement bonds in the maximum principal amount of $17,500,000 to finance, in whole or in part, the costs to design, construct and equip the expansion of the Leesburg Fire and Rescue Station (#20); and the costs to design, construct and equip the replacement of the Lovettsville Fire and Rescue Station (#12); and the costs of other public safety facilities approved in the County’s Capital Improvement Program?

Transportation Projects: Shall the County of Loudoun, Virginia contract a debt and issue its general obligation capital improvement bonds in the maximum principal amount of $18,000,000 to finance, in whole or in part, the costs to design and construct improvements to Shellhorn Road; the costs to design and construct improvements at the intersection of Braddock Road and Supreme Drive/Summerall Drive; the costs to design and construct an interchange at Route 7 and Route 690; and the costs of other public road and transportation projects approved in the County’s Capital Improvement Program?

School Projects: Shall the County of Loudoun, Virginia contract a debt and issue its general obligation capital improvement bonds in the maximum principal amount of $233,070,000 to finance, in whole or in part, the costs to design, construct and equip ES-28, Dulles South Area Elementary School; the costs to design, construct and equip three classroom additions to six elementary schools in the Dulles North and South planning areas; the costs to design, construct and equip MS-7, Dulles South Area Middle School; the costs to design, construct and equip HS-9, Dulles South Area High School; and the costs of other public school facilities as requested by the Loudoun County School Board?

3 thoughts on “Election Guide: Voters Asked to Approve $344M in Bonds

  • 2016-11-02 at 1:58 pm
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    For FY ’17 Loudoun’s debt is $1,641,661,523

    When does it stop? Every year we are tacking on more, more, more debt. Now we are going to tack on another $350M. I believe that is the largest increase bend referendum ever for Loudoun.

    I thought it was bad a few years ago when we went over $1B. In another 2 years, we will be at $2B. At this rate, we add another billion in debt every 7-8 years.

  • 2016-10-31 at 5:44 pm
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    What is Loudoun’s current debt load?

    Something to consider before you vote — You are passing this debt on to your kids and grandkids. It’s not going away, and it only gets larger every year.

  • 2016-10-27 at 9:52 am
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    No
    No
    Yes
    *&^# No!

    These bond questions are crafted by the BoS and, again, we see this “…and the costs of other public school facilities as requested by the Loudoun County School Board.” Meaning, they are asking for more than they need and then get a blank check to fund other school items without having to get citizen approval. The BoS is purposely deceiving the voters (again!)

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