The Chandler City Council has approved two separate bond sales to support a range of capital projects across the city, including upgrades to streets, parks, municipal buildings, and water and wastewater infrastructure.
A total of $175 million in general obligation bonds will be used for these improvements. The funding comes from bond authorizations previously approved by Chandler voters in 2021 and earlier years. According to city officials, repayment of these bonds will come from secondary property taxes, but there will be no change to the current property tax rate. The city’s approach is to schedule new bond sales as older debts are retired, which allows for ongoing investment without increasing property tax rates.
Projects funded by these bonds include intersection improvements at Ray Road and Dobson Road, upgrades along Kyrene Road south of Chandler Boulevard, and work on Alma School Road between Germann and Queen Creek roads. Additional plans involve building the first phase of Mesquite Groves Park, constructing a new Police Forensic Services Facility and Traffic Management Center, as well as renovating existing city buildings.
In addition to the general obligation bonds, another $205 million in excise tax revenue obligations has been authorized for utility infrastructure projects. These funds will be repaid through water and wastewater rates paid by utility customers. Planned projects include enhancements to water treatment plants, replacement of water mains, upgrades at water production facilities, sewer assessment and rehabilitation efforts, improvements at water reclamation facilities, and construction of a redundant 66-inch sewer line beneath the Loop 202 Santan Freeway.
“Chandler’s long-standing practice of timing new bond sales as existing debt is paid off ensures improvements come with no projected increase to property tax rates,” according to city officials.
These measures aim to address both current needs and future growth while maintaining fiscal stability for residents.
