Pasco County is asking voters to approve four general obligation bond issues during the Nov. 6 general election.
The bonds would be repaid over a 30-year period through additional charges on tax bills. The charge will appear on the bills as “voter approved debt service.”
These are the four different bonds, and the estimated annual charge on a home assessed at $100,000.
Jail expansion
Bond: $132,150,000
Average annual impact on taxpayer: $16.75
Details: Currently, taxpayers pay $2 million to house inmates outside of Pasco County because the county’s jail has reached capacity. The bond issue would pay for a jail expansion.
Fire service
Bond: $70,200,000
Average annual impact on taxpayer: $8.89
Details: The county would build four new fire stations in areas that don’t have any fire stations and replace five outdated stations. It also would add 10 new emergency vehicles and would construct a new Fire Rescue Training Facility.
Parks
Bond: $20,200,000
Average annual impact on taxpayer: $2.55
Details: Projects would be done at all district, wilderness and neighborhood parks. Existing athletic facilities would be improved. Recreational complexes, community centers and aquatic centers would be renovated.
Libraries
Bond: $18,600,000
Average annual impact on taxpayer: $2.35
Details: The county’s libraries were built in or before the 1980s. The bond issue would be used to upgrade and remodel library branches.
If all four bond issues pass, the total average annual impact on taxpayers owning a home assessed at $100,000 would be $30.54.
Published October 31, 2018
