Cabarrus County School Bonds Referendum
Cabarrus County, North Carolina
My vote power: High
What does this measure do?
Supports: Public Education Quality, Public Infrastructure
Opposes: Government Spending Reduction
Allows up to $340 million of borrowing to build and improve public schools. Property owners repay it through higher taxes, estimated on the ballot at $42.50 a year per $100,000 of property value.
Proposed by: Cabarrus County Board of Commissioners
County leaders who proposed borrowing money for public school buildings.
Source: cabarruscounty.us
A YES vote means
Allows school-building borrowing paid back with higher property taxes. The ballot estimates $42.50 more tax each year per $100,000 of property value.
A NO vote means
Rejects this school borrowing and the added property taxes to repay it. The county would need another way to pay for the proposed school work.
Sources: cabarruscounty.us2
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