Transportation Bond Referendum on Nov. 2 Ballot


Oct. 26, 2010
OPA 157/10

News Highlights

  • If approved, county will sell $120 million in bonds to pay for the county’s required contribution to Metro. Money will help Metro buy 400 new railcars and 500 buses.
  • County will need to cut other programs and services if the referendum is not approved.

More Information

General Voter Information
Nov. 2 Ballot
Polling Places

On Nov. 2, Fairfax County voters will be asked to vote yes or no on a $120 million transportation bond referendum.

If approved, the county will sell bonds to pay its contractual obligation to fund the Washington Metropolitan Transportation Authority’s Capital Improvement Program. If not approved, the county will need to cut other programs and services to pay for its required contribution.

Metro's six-year program will fund improvements, including:

  • Buying 400 new Metrorail cars and 500 Metrobuses
  • Building new bus garages, including one in Fairfax County
  • Maintaining or rehabilitating Metro's equipment, vehicles, tracks and facilities

The program's highest priority is to improve safety, including adding new safety features to existing trains and buses; replacing the oldest trains and buses; and fixing the track signal system.

Because the county carefully plans its bond sales, the proposed transportation bonds will not cause a tax increase.

Fairfax County is currently one of only eight states, 37 counties and 37 cities to hold a Triple-A rating from all three rating agencies. For this reason, the county’s bonds sell at low interest rates — even compared to other tax-free bonds. Since 1978, the county has saved taxpayers $451.467 million as a result of the Triple-A rating.

###


Get News. Get Information. Get Fairfax County.Contact: Merni Fitzgerald, Director, Office of Public Affairs
703-324-3189, TTY 711, Media Pager: 703-324-NEWS (6397)
publicaffairs@fairfaxcounty.gov
To request this information in an alternate format, call 703-324-3187, TTY 711


Contact Fairfax County: Phone, Email or Twitter | Main Address: 12000 Government Center Parkway, Fairfax, VA 22035
Technical Questions: Web Administrator

ADA Accessibility | Website Accessibility
Awards | FOIA | Mobile | Using this Site | Web Disclaimer & Privacy Policy | Get Adobe Reader
Official site of the County of Fairfax, Virginia, © Copyright 2013

Website Feedback Website Feedback    Globe with various flags representing Web site language translations   Language Translations

Return to Graphic Version