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Bond FAQs

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On November 3, 2015, voters in Greenville voted to approve a bond referendum for street and pedestrian transportation improvements. Below are some of the most frequently asked questions and their answers.

If you have questions about the bond referendum and do not see it listed below, please send an email to the Public Information Officer.

FAQs

  • What is a bond referendum?
  • What is the purpose of this bond referendum?
  • What projects are included in the bond?
  • Does this mean Dickinson Avenue and Greenville Boulevard would be repaved?
  • How long will these projects take?
  • Who identified the need for these projects?
  • How much will the City issue in bonds?
  • How will the bond funds be used?
  • Why is a bond referendum needed?
  • Why does the City want to use debt to pay for the projects instead of cash?
  • How will the City pay off the bonds?
  • What are the property tax rate implications of this bond?
  • Will the tax increase go away after the bonds are paid off?
  • If voters don’t approve the bonds, does this mean that the City Council will be prevented from raising property tax rates in the future?
  • What would the potential debt service of the bond be?
  • Why is this a good time to issue $15.85 million in bonds?
  • Has Greenville issued bonds before?
  • What happened the last time the City issued these types of bonds?
  • What happens if the bonds don’t pass in November?
  • What will the bond referendum look like on the ballot?
  • When can I vote on the bond referendum?
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