Bond Election FAQs

  1. Why a bond election?
  2. What is a General Obligation Bond?
  3. What is a bond and why do I have to vote on it?
  4. How many propositions will there be?
  5. When was the last time there were General Obligation Bonds on the ballot and what kinds of bond-financed projects has Rosenberg completed in the past?
  6. What will happen if the bonds do not pass?
  7. Does the City Council support the bond election?
  8. Who do I contact for more information?
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  1. What projects are planned to be built if the bonds are approved?
  2. How will I be affected if the bond does not pass?
  3. When will the projects be completed?
  4. Why are these projects needed?
  5. Who do I contact for more information?
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  1. Why is the City holding a bond election rather than paying for projects as we go?
  2. What is the bond election’s impact on Rosenberg’s tax rate?
  3. What are the property tax impacts if the bonds are approved?
  4. What interest rate would the City have to pay? For how long?
  5. Can the City pay off the bonds early?
  6. How are funds repaid that are received through the issuance of General Obligation Bonds?
  7. What is Rosenberg’s current level of debt, and what revenue sources are used to make those debt payments?
  8. Would the issuance of bonds affect our credit rating?
  9. Who do I contact for more information?
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