What could happen if Wake voters reject the $680 million school bond issue?
A rejection of the school bond referendum could lead to a repeat of what happened in 1999 when renovations were scaled back or delayed. The $680 million school construction bond referendum could impact Wake County's finances if voters reject it on Election Day. The bond would provide much of the funding for a $832 million building program, which includes three new schools, major renovations at nine schools, and other projects. If rejected, the average homeowner would pay about $21 more per year in property taxes. The previous failed 1999 school bond referendum saw 65% of voters reject a $650 million school bond, part of a $938 million school project that would raise property taxes by 16%. Despite this, the Wake County Board of Commissioners approved raising the tax rate to fund school construction projects. Supporters argue that needs won't disappear if the referendum is defeated, with aging HVAC systems and outdated facilities still requiring renovations.
Publicerad : 2 timmar sedan förbi T. Keung Hui i Politics
There would be major implications if Wake County voters reject the $680 million school construction bond referendum on Election Day.
The school bond would provide much of the funding for a $832 milli... [5542 symbols]
Ämnen: Voters
