Voters approve 84 percent of bond initiatives.

PositionNews Briefs

According to unofficial election results, voters nationwide approved $10.6 billion, or 84 percent, of the $12.7 billion of bond referendums on the November 6 ballots. While voters in Texas and California overwhelmingly approved a slew of bond initiatives, those in Colorado defeated a majority of the nearly $1 billion in proposed debt. In Texas, the largest measure was the Public Finance Authority's plan to sell $850 million of general obligation bonds to pay for a variety of projects by several state agencies. Houston voters, meanwhile, approved a $776 million general obligation...

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