Why not just do these projects on a pay-as-you-go basis?

The City works to maximize the annual capital improvement budget each year, but like most cities our size, our infrastructure needs are greater than what annual funding can support. GO bonds offer the City a cost-effective financial tool to address a large number of both deferred maintenance and new infrastructure projects over the course of several years. By matching a project’s funding to the number of years the facility, park, or roadway will be in service, every generation of taxpayer who uses that asset will help pay for it. 

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1. What is a general obligation bond?
2. How did residents vote in past Bond Elections?
3. How much did taxes increase for the 2007 Bond Election and are the projects completed?
4. What is the easiest way to learn more information about the Bond Election?
5. If the 2022 Quality of Life Bond goes to the ballot and is approved by voters, will it increase the property taxes paid by homeowners who are 65 or older?
6. What if I have a question or comment about the proposed Boerne Quality of Life Bond?
7. When would the first bond projects be under construction?
8. Will the Quality of Life Bond Election bond increase taxes?
9. How have residents been involved in developing this bond?
10. How does a bond work?
11. How does the City currently pay for projects?
12. Why not just do these projects on a pay-as-you-go basis?
13. Who would buy the GO bonds?
14. How long would the City be paying off the bond?
15. How was the proposed Northside Community Park designed?