Raleigh Voters Face $1B Bond for Housing, Transportation
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Raleigh residents may see a billion dollars in bonds on this falls ballot, with city council considering $203 million for affordable housing and transportation projects. While these wouldnt raise the property tax rate alone, other city needs could push it higher. Meanwhile, Wake County plans to add $842.7 million for school construction and Wake Tech, increasing the property tax rate by half a cent. The transportation bond aims for new projects like the Big Jump for sidewalks and bike lanes, but past issues have the council pausing to weigh needs against resources.
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