Highway bond election to be Nov. 8 | Arkansas Blog

Thursday, August 25, 2011

Highway bond election to be Nov. 8

Posted By on Thu, Aug 25, 2011 at 4:21 PM

Talk Business & Politics has the news on Gov. Mike Beebe's plans to call a special election Nov. 8 (I wrote 18th originally) on the highway bond proposal. It won't be a vote on a tax increase. But it would allow continuation of a four-cent diesel tax for new bonds. The bonds borrow against future highway revenue, with a cost in interest, so it's more expensive than paying as you go, but the theory is that you can do more work more quickly.

A half-cent sales tax increase will be on the November 2012 ballot. Beebe has decided not to ask for a vote on a five-cent diesel tax increase to increase the size of the highway bond program.

Tags: ,

From the ArkTimes store

Favorite

Comments

Subscribe to this thread:

Add a comment

More by Max Brantley

Readers also liked…

  • Judge anticipates punishment of lawyers in Fort Smith class action case

    Federal Judge P.K. Holmes of Fort Smith issued a 32-page ruling yesterday indicating he contemplates punishment of 16 lawyers who moved a class action lawsuit against an insurance company out of his court to a state court in Polk County after a settlement had been worked out.
    • Apr 15, 2016
  • Hospitality, restaurant groups oppose bathroom bill

    Add the restaurant and hospitality association to those opposed to Sen. Linda Collins-Smith's bill to keep transgender people out of public restrooms that match their gender identity.
    • Mar 16, 2017
  • Kenneth Starr: A comment from Betsey Wright

    Betsey Wright, former President Bill Clinton's chief of staff when he was Arkansas governor, responds bitterly to a New York Times article today quoting Whitewater Prosecutor Kenneth Starr's warm words about Clinton. She can't forget the lives Starr ruined in Arkansas.
    • May 24, 2016

Most Viewed

  • The Thanksgiving eve open line

    Here's an open line. And a batch of headlines for the day before Thanksgiving.
  • Sarah Huckabee Sanders: No thanks for your Thanksgiving shtick

    Sarah Huckabee Sanders, Donald Trump's press secretary, is getting tabbed a hectoring bully (just like her boss) after her Thanksgiving week shtick. In a performance often dripping with disdain, she demanded that reporters give thanks for something before being allowed to ask her a question.

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation