Surprise Bond property tax charts

City considers $60 million bond proposal… What’s the cost to you?

The City of Surprise has a maximum bonding capacity of $241.5 million. The proposed 2016 General Obligation Bond package that will go before City Council no later than the July ‘Call for Election’ deadline, recommends borrowing 25% of that capacity, or $60 million. That amount would be paid back over 24 years.

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