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Voters Will Weigh $66 Billion of Bond Measures in Midterms

Nov. 7, 2022, 7:15 PM

Voters on Tuesday will weigh at least $66 billion of bond measures put forth by states and municipalities across the US that seek to finance projects like new schools and climate resiliency efforts.

The proposed borrowing is more than double the $27 billion on ballots at this time last year and among the highest volume of bonds up for a vote since at least 2009, according to a Bloomberg analysis of a preliminary tally of bond measures compiled by IHS Markit. The total excludes referendums by Texas’s utility and water districts.

The increase comes as states and cities have been ...