Adrian Skabelund | Arizona Daily Sun
Flagstaff City Council may have to make some hard decisions as they are presented with $154 million of requested bonds that may make their way to voters in November.
There are bond proposals to fund the next phase of Flagstaff’s forest restoration projects and the potential to address the city’s $111 million unfunded pension liability for public safety personnel.
But unless the council wants to increase the secondary property tax rate, the city only has $61 million to work with.
That tax rate is currently .8366 per $100 of assessed value on a property and wouldn’t increase even if the council approved $61 million of bonds. But approving any more than that would require homeowners to pay more.
