Philly voted “yes” in regards to the one city bond question on the ballot this year to allow the city to borrow $134 million for capital purposes.
According to official results, 66.65 percent of Philly residents voted in favor, while 33.35 voted against the bond question:
Should the City of Philadelphia borrow $184,303,000.00 to be spent for and toward capital purposes as follows: Transit; Streets and Sanitation; Municipal Buildings; Parks, Recreation and Museums; and Economic and Community Development?
Ward 30, which includes Graduate Hospital and a portion of Grays Ferry, was most in favor of the bond, with 81.57 percent voting “yes” on the question.
Here’s how that chunk of change will break down:
- $100.9 million for improvements to municipal buildings
- $33.4 million for streets and sanitation
- $25.7 million for parks, recreation, and museums
- $19.5 million for economic and community development
- $4.7 million for transit.
As part of the $184 billion bond, the infrastructure improvements must provide value to the city for at least five years.
- Who Won Philly [Philadelphia City Commissioners]
- Trump’s infrastructure ambitions may be something most Americans can get behind [Curbed]