Bonds
How Major Park and Recreation Projects Are Funded
Salt Lake County Parks and Recreation uses voter-approved General Obligation (G.O.) bonds to fund large-scale capital projects. This funding is dedicated to significant investments in our community's recreational spaces, such as:
- Building new parks, trails, and recreation centers.
- Conducting major renovations and improvements to existing facilities.
The Approval Process for G.O. Bond Projects
For a major park or recreation project to be funded, it must go through a multi-layered approval process involving community representatives, county leadership, and the public. The required approvals include:
- ZAP Recreational Facilities Advisory Board: For the G.O. bond that occurs after ZAP reauthorization, an advisory board reviews potential projects.
- Salt Lake County Mayor: The Mayor reviews and provides approval for proposed projects.
- Salt Lake County Council: The Council also reviews and approves the proposed projects and their costs.
- Voters: The final and most crucial approval comes from the voters through a G.O. bond election.
Role of ZAP
The Zoo, Arts, and Parks (ZAP) program is a key partner in our operations. Here's how it connects to bond funding:
- Operational Funding: The ZAP sales tax contributes operational costs of Salt Lake County's parks and recreation facilities.
- Separate from Capital Projects: However, ZAP funds are not used to pay for the large capital projects themselves or the associated G.O. bond debt. The reauthorization of the ZAP program is necessary because its funding ensures we can operate the new and improved facilities built with bond money.
Project Submission and Timeline
The path to getting a project on a G.O. bond ballot follows a detailed timeline outlined in the ZAP Recreational Facilities Planning and Funding Process. This includes:
- Submission: Only government entities (like cities, townships, and municipalities) can submit proposals for capital projects, which include new facilities or significant, long-term improvements to existing ones.
- Review and Approval: These proposals are then reviewed by the ZAP Recreational Facilities Advisory Board before moving to the Mayor and Council for consideration to be placed on a future G.O. Bond for voter approval.