bond measure
Public borrowing proposal
A bond measure is a ballot proposition asking voters to authorize a government—typically a city, county, or school district—to borrow money by issuing bonds.
The borrowed funds usually finance specific projects like schools, roads, or infrastructure.
Bond measures often require supermajority approval and commit taxpayers to repaying the debt over time: The bond measure for new classrooms passed with 68% support.
- ballotVoting document
- ballot initiativeVoter-decided policy measure
- propositionStatement expressing a judgment
- levyCompulsory government charge
- taxMandatory public revenue charge
property tax · referendum · vote · voter approval · school · public schools · infrastructure · capital improvement · election · special election · debt · funding · municipal · district · interest · repayment · construction · library
bond measuretax increase
Rise in taxation
direct taxation · tax levy · tax hike · special assessment · user fee
bond measuredebt limit
Maximum government can owe
spending cap · budget cut · debt reduction · balanced budget amendment · fiscal restraint
bond, measure, bonds, bonded, bonding, bondage, bondsman, measures, measured