YES for Bond and Our Future

Bond funds provide a dedicated source of funding for long-term improvements that benefit students, schools, and the community.

These funds can be used to build new schools, renovate and modernize existing facilities, enhance campus safety and security, purchase school buses, and invest in technology such as student computers and classroom equipment.

By law, bond funds can only be used for capital projects and improvements. They cannot be used for employee salaries, programs, or day-to-day operating expenses.

The District is committed to responsible stewardship of the bond funds. Arizona law requires the District to clearly list in the voter information pamphlet the capital improvements that will be made with the bond proceeds.

As a result, the District is required to comply or be in violation of Arizona state law. Additionally, the district is committed to ensure bond funds are spent on budget and as promised.

Without additional local funding, the District would need to rely on limited state funding to meet essential capital needs.

This would place significant pressure on classroom budgets and school operations, potentially requiring reductions in instructional resources and other student supports.

Over time, deferred maintenance could lead to overcrowding, increased facility deterioration, and more costly repairs across Phoenix Elementary campuses which can negatively affect the learning environment.  

Independent research shows that strong K–12 schools, supported by quality facilities and modern equipment, help create safe, welcoming learning environments for students. These positive school environments are also associated with stronger, more stable, and safer neighborhoods and can help support and enhance local property values over time, benefiting students, families, and the community.

PESD is requesting a bond authorization of $97,800,000.

The estimated annual bond tax rate per $100 of assessed valuation is $0.5699.

For a home with an assessed value of $100,000, the annual cost will be $56.99 or $4.75 per month.

The average value of a home in the district is $152,493 and the annual cost will be $86.91 or $7.24 per month.

The tax impact over the term of the bonds on an owner-occupied residence valued by the County Assessor at $250,000 is estimated to be $161 per year or $13.42 per month.