Potential General Obligation Bond Election
Summary
The city is considering putting a bond measure on the November 2027 ballot to fund $580 million in infrastructure over 20 years without increasing the current tax rate. A advisory committee will be formed to gather public input and help shape the proposal.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 1, 2026.
Impact analysis
Could provide $580 million in capital funding over 20 years while holding the secondary property tax rate flat at $1.15.
All Peoria residents and future community members who will benefit from upgraded parks, streets, public safety facilities, and utility infrastructure.
Taxpayers could see a bump in their property taxes to pay off the bond debt if voters ultimately approve it.
Mentions & discussions (2)
City Council Meeting - Sep 1, 2026
The city is considering putting a bond measure on the November 2027 ballot to fund $580 million in infrastructure over 20 years without increasing the current tax rate. A advisory committee will be formed to gather public input and help shape the proposal.
Peoria staff to present potential general obligation bond authorization for November 2027 election
Peoria staff to present potential general obligation bond authorization for November 2027 election yourvalley.net
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
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