• For more information on Green Party membership or to contact Green Party leadership, email info@greensofarlington.org Join the Arlington Greens on Wednesday,Dec.5, 2018 at 7:30 pm at Ballston Firehouse Community Room (George Mason Drive & Wilson Blvd, Arlington, VA)

October 19, 2018

Greens Oppose County and School Bonds, but Favor Metrorail Bond

Arlington Greens Oppose as Wasteful the Three County and School Bonds on the Arlington County, Virginia November Ballot, but Support the Metro Bond

Arlington Greens voted at their October meeting to oppose three of the four bonds on the November ballot, but to support the $75 million bond for Metro and transportation.  Greens felt that the need for more spending on Metrorail is imperative given safety, and improving bus and rail reliability, and urged Arlington voters to vote “Yes” for the Metro bond on the ballot referendum.

Greens however oppose the $29 million parks and recreation bond, the $37 million community infrastructure, and the $103 million public schools bond.  None of these three bonds are based on well thought out projects that have already been carefully designed, bid for construction costs, and scrutinized for waste.  The parks and recreation bonds will actually destroy or impair parkland since it will be used to build and pave over existing green space, demolish trees, and build extravagant energy-wasteful buildings.

The county government is issuing $80 million in bonds this year, and moreover has another $108 million in unused authority to issue more bonds, with more than sufficient funds for its needs. The county government and the school board both need to go back to the planning boards, and come back with precise and accurate information on projects for Arlington voters to consider.

About $44 million of the proposed $103 million school bond is to be used to build an entirely new Reed Elementary School in Westover.  The latest estimated cost of Reed is already far more at least $55 million, with possibly tens of millions of dollars in costs for a parking garage.  The school board has no idea what Reed School will cost.  In 2009, the school board spent about $20 million to fully renovate and expand Reed School which now will be demolished. Why?

The City of Alexandria just opened a new elementary school that cost around $22 million and was completed in about one year.   The City bought an commercial office building and re-modeled it into a 500-student school that opened in one year.   Fairfax County Public Schools did this several years ago to build an elementary school at 7-Corners within one year.   Why does Arlington have to build the most expensive schools in the U.S. and then tear them down ten years later?

If the county goes ahead and issues another $243 million of bonds on the ballot in November, it will likely endanger the county’s triple-A bond rating for municipal bonds since this will pass the 10 percent limit on bond service used by leading municipal bond rating companies.

The county already has issued $1.1 billion in bonds, and adding $243 million as well as the $188 million in already authorized bond will raise the debt service to over 10 percent of the county’s general revenue.

 

 

Tagged: