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Scottsdale bond oversight panel elects officers, approves bylaws and hears $319M bond program update
Summary
At its first meeting of 2025 the Citizens Bond Oversight Committee elected new officers, approved committee bylaws and the 2024 annual report, and received status and financial updates on the city’s $319 million 2019 bond program and a planned $107 million bond sale this spring.
At its first meeting of 2025 in March, the Scottsdale Citizens Bond Oversight Committee elected a new chair and vice chair, approved its committee bylaws and annual report, and received detailed status and financial updates on the city’s 2019 bond program and a planned bond issuance.
The action items fronted routine governance matters but the bulk of the meeting focused on spending, schedules and constraints for the $319,000,000 voter-authorized 2019 bond program and on financing plans for a third bond issuance. City Budget Director Scott Celine summarized the city’s position: “the approved bond 2019 program is a $319,000,000 program.”
Why it matters: the committee provides citizen oversight of how voter-authorized bond proceeds are spent. Committee members were shown project-by-project statuses across the bond’s three ballot questions — parks, community spaces/infrastructure, and public safety/technology — and received the program’s financial snapshot ahead of a planned competitive bond sale in May.
Key financial figures and spending status presented by Scott Celine (city budget director) showed remaining budget authority and committed amounts as of Feb. 28, 2025: Question 1 (parks/recreation/senior services) has spent just over $53,000,000, with about $4,000,000 committed and roughly $15,000,000 remaining; Question 2 (community spaces/infrastructure) has spent about $40,500,000, with $6,700,000 committed and about…
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