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Corporate contributions for local initiatives

2011 | 2010

Year

Issue

Amount

Entity receiving contribution

2011

Voter approval was requested on a $170M bond package for the Richardson Independent School District. The "Vote Yes RISD 2011" Special Purpose PAC provided information on behalf of the ballot measure which voters approved by a 73% margin in May of 2011.

$1,000

Specific purpose PAC: Vote Yes RISD 2011



Year

Issue

Amount

Entity receiving contribution

2010

Neighborhoods for Richardson Bond Initiative: The 2010 initiative funds projects through the use of General Obligation (GO) Bonds which are debt instruments issued by local governments to raise funds for public works. GO bonds give municipalities a tool to raise funds for projects that will not provide direct sources of revenue – roads and bridges, parks and equipment, and the like. GO bonds are typically used to fund projects that will serve the entire community. The four ballot items addressed needed street improvements, parks and recreation facilities, municipal public buildings and neighborhood repairs and upgrades.

$2,000

Specific purpose PAC: Neighborhoods for Richardson