City Has Spent Just $6 Million of 2004 Bond Money - KCBD NewsChannel 11 Lubbock

8/9/07

City Has Spent Just $6 Million of 2004 Bond Money

Since the $300 million dollar bond proposal was brought up, some have asked questions about the 2004 bond election.

In 2004, Lubbock voters approved a $30 million dollar bond package for twenty-six projects ranging from public safety to renovations at the coliseum to the animal shelter.

A number of viewers have asked NewsChannel 11 why we're not seeing any of those improvements three years later.

Andy Burcham is the Director of Fiscal Policy for the City of Lubbock. He says, "When the voters approved that election, they were promised that their tax rates would not go up and in order to issue $30 million dollars worth of bond without impacting your tax rate, you have to do that over a period of time. So some projects approved in 2004 may begin as late as 2008 and may not be completed until 2010."

Burcham says the city has only spent $6 million of the approved $30 million dollars.

View the City of Lubbock's Proposed Operating Budget and Capital Program (Volume 1)
To view the file you will need Adobe Acrobat installed on your computer.  Please be patient this large document may take some time to appear on your computer depending on your connection speed.
View the City of Lubbock's Proposed Operating Budget and Capital Program (Volume 2)
To view the file you will need Adobe Acrobat installed on your computer.  Please be patient this large document may take some time to appear on your computer depending on your connection speed.

  • Local News on KCBD.comNewsMore>>

  • Motive elusive after van driver kills 10 on Toronto sidewalk

    Motive elusive after van driver kills 10 on Toronto sidewalk

    Tuesday, April 24 2018 12:25 AM EDT2018-04-24 04:25:49 GMT
    Tuesday, April 24 2018 4:58 AM EDT2018-04-24 08:58:56 GMT
    (Aaron Vincent Elkaim/The Canadian Press via AP). Officials carry a body into a vehicle after a van mounted a sidewalk crashing into pedestrians in Toronto on Monday, April 23, 2018. The rented van jumped onto the crowded sidewalk Monday, killing and i...(Aaron Vincent Elkaim/The Canadian Press via AP). Officials carry a body into a vehicle after a van mounted a sidewalk crashing into pedestrians in Toronto on Monday, April 23, 2018. The rented van jumped onto the crowded sidewalk Monday, killing and i...

    Police in Canada's biggest city are piecing together witness accounts and surveillance video trying to determine why a driver plowed a rented van along a crowded sidewalk, killing 10 people and injuring 15 in what...

    Police in Canada's biggest city are piecing together witness accounts and surveillance video trying to determine why a driver plowed a rented van along a crowded sidewalk, killing 10 people and injuring 15 in what many said seemed a deliberate attack.

  • Attorney: California police shot unarmed black man 10 times

    Attorney: California police shot unarmed black man 10 times

    Monday, April 23 2018 10:15 PM EDT2018-04-24 02:15:47 GMT
    Tuesday, April 24 2018 4:53 AM EDT2018-04-24 08:53:37 GMT
    (James Quigg/The Daily Press via AP). Lee Merritt, center, leads a news conference, Monday, April 23 2018, in San Bernardino, Calif., announcing a series of lawsuits against the Barstow Police Department regarding the shooting death of Diante "Butchie"...(James Quigg/The Daily Press via AP). Lee Merritt, center, leads a news conference, Monday, April 23 2018, in San Bernardino, Calif., announcing a series of lawsuits against the Barstow Police Department regarding the shooting death of Diante "Butchie"...

    Lawyers for the family of a black man killed by police in a busy Southern California parking lot say an autopsy found he was shot 10 times and died from choking on his own blood as police delayed getting him medical help.

    Lawyers for the family of a black man killed by police in a busy Southern California parking lot say an autopsy found he was shot 10 times and died from choking on his own blood as police delayed getting him medical help.

  • DOJ looks into how AT&T, Verizon handle defecting customers

    DOJ looks into how AT&T, Verizon handle defecting customers

    Friday, April 20 2018 7:43 PM EDT2018-04-20 23:43:53 GMT
    Tuesday, April 24 2018 4:52 AM EDT2018-04-24 08:52:23 GMT
    The Justice Department is investigating AT&T, Verizon and a standards-setting group. (Source: Raycom Media)The Justice Department is investigating AT&T, Verizon and a standards-setting group. (Source: Raycom Media)
    The Justice Department is investigating AT&T, Verizon and a standards-setting group. (Source: Raycom Media)The Justice Department is investigating AT&T, Verizon and a standards-setting group. (Source: Raycom Media)

    The Justice Department has opened an antitrust investigation into whether AT&T and Verizon and a standards-setting group worked together to hinder consumers from easily switching wireless carriers.

    The Justice Department has opened an antitrust investigation into whether AT&T and Verizon and a standards-setting group worked together to hinder consumers from easily switching wireless carriers.

Powered by Frankly