2026 General Obligation Bond Proposal

What is a bond program?
A bond is a form of debt obligation that, when issued, provides local government with funds to finance capital improvements. A bond program includes both the authority to issue bonds and a listing of the purposes for which the funds may be used. General Obligation Bond programs, such as the City of Mesa’s 2026 Bond Program, require voter approval.

What can General Obligation Bonds be used for?
General Obligation Bonds allow the City of Mesa (the “City”) to pay for capital investments, including, for example, fire and medical, police, and public safety facilities and improvements and street and transportation improvements. These investments enhance the quality of life of the community or provide a public purpose. Bonds are sold to investors and the proceeds from the sale of these bonds are used to pay for capital projects. Bond funds cannot be used for everyday operating costs for programs such as police officer or firefighter salaries, public safety vehicle maintenance, or street cleaning. Such operating expenses are paid for by revenue that support the City’s General Fund, such as sales tax revenue and fees for service.

How are General Obligation Bonds repaid?
General Obligation Bonds are backed by the full faith and credit of the City, which means that the City is obligated to pay back the bonds plus interest by pledging its ad valorem taxing power. As such, the City uses secondary property tax revenues to repay the General Obligation Bonds in the form of principal and interest payments. If the 2026 Bond Program is approved by the voters, the estimated average tax rate for the proposed bond authorization is $0.2226 per $100 of assessed limited property valuation used for secondary property tax purposes.

Who determined the projects included in the 2026 Bond Program?
The City Council ultimately approves the projects that are proposed in the 2026 Bond Program. Projects are identified through several means, including citizen and City Council input and staff recommendations. The projects included in the 2026 Bond Program were identified during the City’s Capital Improvement Program budget process. The projects were then vetted through a public process with City Council. On June 1, 2026, the City Council approved a resolution to include the 2026 General Obligation Bond proposal on the November 3, 2026 ballot.

Will the projects included in the 2026 Bond Program be modified?
The projects included in the 2026 Bond Program represent the priorities of the City Council, as informed by citizen input. The goal of the 2026 Bond Program is to complete the projects in a timely manner and within approved budgets. There are several factors that can influence a project being completed, including land acquisition cost, construction cost, and operating cost. These factors can result in a project being delayed or re-prioritized. Conversely, if costs are low, resulting in budget savings, additional projects or improvements may be possible. All projects are considered individually and must be approved by the City Council prior to construction.

How large is the General Obligation Bond proposal for 2026?
The City is proposing a 2026 Bond Program not to exceed $285 million. The 2026 Bond Program is made up of two ballot questions:

  • Enhance Public Safety: $150 Million
  • Enhance Transportation Improvements for Safer and Less Congested Streets: $135 Million

Ballot Question #1: Enhance Public Safety

Enhance Public Safety through Fire, Medical, and Police Improvements, Facilities, Equipment, and Apparatuses, and Improvements and Facilities that Support Community and Public Safety.

Question #1 asks whether the City shall be authorized to issue and sell general obligation bonds in the principal amount not exceeding $150,000,000 to provide funding to support fire and medical, police, and public safety improvements, facilities, and communication systems, associated equipment, apparatuses, and technology, municipal improvements and facilities that support community and public safety, and the acquisition of land or interests therein necessary for such purposes, which may include, but are not limited to, projects intended to:

Design and Construct Fire and Medical and Police Training Facilities 

  • This includes new buildings at the joint public safety training site, including the addition of new Police Instructional Facilities as well as a new building for both Police and Fire to be able to train in an air-conditioned space during the summer.  In addition, the parking lot at the Training Facility needs to be expanded to accommodate current staff/trainees.  This will also include the renovation of existing buildings at the Facility to create functional spaces for staff.

Acquire Land for Future Fire Stations 

  • The City no longer has existing land reserved for fire stations and is in need of additional fire stations in order to support improved emergency response times.

Improvements to Public Safety Communication Systems

  • The City will upgrade the existing TOPAZ voice radio network infrastructure that provides and supports communications for Mesa public safety personnel.

Design and Construct Police Station Improvements and Municipal Improvements and Facilities that Support Community and Public Safety

  • Infrastructure improvements and expansion of the Central Police Station to support police operations serving more than 65,000 residents across a 12-square mile service area.
  • Demolish the existing warehouse and fleet buildings at the West Mesa Service Center and rebuild and expand the warehouse and fleet buildings. The new fleet building would be constructed on the site of the current warehouse and fleet buildings, and the new warehouse building will be constructed at a new location to accommodate the growing needs of the City. The existing fleet building was originally constructed more than fifty years ago, and City growth and equipment needs have outgrown the current fleet building.

Public Safety Bond Overview: $150 Million* 

Design and Construct Fire and Medical and Police Training Facilities $ 61.5M
Acquire Land for Future Fire Stations $   5.0M 
Improvements to Public Safety Communication Systems $ 10.1M 
Central Police Station Renovation/Expansion $ 28.7M
West Mesa Service Center Fleet Facility Demolition and Construction and Warehouse Facility Demolition, Relocation, and Construction $ 40.9M
Bond Issuance Cost $   1.5M

 

*Subject to change and City Council review and approval of individual projects; actual application of the $150 million of bond authorization may change depending on actual project costs at the time of City Council review and approval.

Public Safety Training Facility

Rendering of possible public safety training facility

 

Ballot Question #2: Enhance Transportation Improvements for Safer and Less Congested Streets

Enhance Transportation Improvements for Safer and Less Congested Streets

Question #2 asks whether the City shall be authorized to issue and sell general obligation bonds in the principal amount not exceeding $135,000,000, to support safer and less congested streets, including for arterial street improvements, pavement reconstruction, street and highway improvements, streetlights, traffic signals, communication infrastructure, bridges, medians, shared use paths, and associated improvements, equipment, and technology, and the acquisition of land or interests therein necessary for such purposes which may include, but are not limited to, projects intended to: 

Design and Construct Street Safety Improvements, including Arterial Street Improvements and Pavement Reconstruction 

  • Roadway Improvements, including pavement reconstruction and adding medians, concrete ramps, and sidewalks to reduce traffic congestion and improve the overall safety of the City’s streets at:
    • Mesa Drive: Main Street to Brown Road
    • Broadway Road: Stapley Drive to Gilbert Road
    • Higley Road: Broadway Road to McKellips Road

Design and Construct Improvements to Support Safer and Less Congested Streets

  • Construct projects to enhance Mesa’s bicycle and pedestrian network to promote connectivity and health.  Projects include Lehi Shared Use Path Phase II and Nodes, Mesa Gateway Shared Use Path Phase III, US60 Shared Use Path: Eastern to Consolidated Canals, Downtown Shared Use Path, and Thomas Road Shared Use Path.

  • Construct a bridge crossing over the East Maricopa Floodway (EMF) and Roosevelt Water Conservation District (RWCD) canals east of Power Road, establishing the ultimate street footprint and configuration.

Transportation Bond Overview: $135 Million* 

Street Safety Improvements $ 49.0M
Shared Use Paths $ 66.8M
Bridge Construction $ 16.9M
Bond Issuance Costs $   1.5M

 

*Subject to change and City Council review and approval of individual projects; actual application of the $135 million of bond authorization may change depending on actual project costs at the time of City Council review and approval.

Warner Road Bridge

Aerial image of location of possible Warner Rd path bridge