Tolleson Elementary School District requests to sell bonds to improve, enhance and maintain the campuses, facilities, and transportation for our students and staff. The request to sell $30 million in bonds will be on the ballot for the November 7, 2023, election.

Request to Sell Bonds - Frequently Asked Questions

What are bonds?

Bonds are loans made to the school district and used to purchase capital items and make capital improvements to existing facilities, such as building or renovating a school or purchasing school buses.

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How will the money be used?

  • Renovations and improvements to existing school facilities (including kitchens, cafeterias, classrooms, and exterior weatherproofing).
  • Improving school grounds (including playgrounds, playfields, and drainage).
  • Replacement of pupil transportation and fleet vehicles.
  • Improving the safety, security, and equipment in school buildings such as:
    • Replacement of aging or non-serviceable air-conditioning and heating units
    • Upgrading of fire alarm and security systems
    • Security window treatment and protective glass (bulletproof)
    • Roof replacements
    • Replacement of worn flooring
    • Replacement of furniture and equipment
    • Upgrade classroom technology equipment
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How will the sale of bonds impact taxpayers?

The sale is not expected to increase the bond tax rate. Although the estimated average annual tax rate for the new bond program is $0.57 per $100 of taxable assessed property value, the district has managed to pay off its current bond debt such that the projections indicate the new bonds will also be able to be paid off within the current bond tax rate. For the owner of a home valued at $100,000 for tax purposes (which is the approximate value of the average home in the District), the estimated average annual tax impact of the bond is $57 per year and $4.75 per month.

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Will these improvements benefit homeowners in the district?

Yes, not only will our students and staff benefit greatly from these enhancements and safety measures, research indicates home values are positively impacted by high-quality school facilities.

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How can our community be assured the school district will spend the bond dollars as listed above?

Tolleson Elementary School District is a responsible steward of taxpayer dollars. Arizona state law requires districts to clearly identify how the bonds’ proceeds will be spent in the election voter pamphlet and report spending at public hearings and comply, or be in violation of Arizona state law.

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When will this request to sell bonds be on the ballot?

November 7, 2023, election

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