User5342_15_t Tracy Santrock-Cary NC Real Estate Blog
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Yesterday voters made a great choice by approving the $970 Million Wake County School Bond that will fund schools across the county.  According to the Wake County Board of Elections, the bond issue passed by a margin of 104,717 votes to 92,810 or a percentage of 53.01% to 46.99%. 

The passage of the bond issue means that Wake County can now issue $970 million worth of bonds to sell and use the money for new school construction and to refurbish older schools as well.

As you have probably ready previously in my blog, Wake County is growing rapidly in population and that schools need to be built immediately to meet demand.  In 2006 when Wake County opened their doors this year we had over 7,500 new students.  As a result, many current schools are still using mobile classrooms and those needed to be upgraded or replaced at some point.

Those were opposed to the bond said that the issue would mean that year round schools would become mandatory and as a result would be a detriment to families who had children in different schools on different schedules. 

 

Many in Apex opposed the bond because more schools in that town will converted to year round schools than in other areas.

Others opposed the bond issue because they said it contained some items that were not necessary.

Several high profile individuals had spoken in favor of the school bonds including billionaire SAS founder Jim Goodnight and the mayors of Raleigh, Garner, and Cary.  

 

1 Comments on Wake County School Bond Issue Passes

This was such a big decision for the voters of Wake County.  Thanks to the community the bond has passed.

11/09/2006 07:21 PM by Tracy Santrock-Cary NC Real Estate Blog (Fonville Morisey)


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Real Estate Agent: Tracy  Santrock-Cary NC Real Estate Blog (Fonville Morisey)
Tracy Santrock-Cary NC Real Estate Blog
Cary, NC
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Fonville Morisey

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Welcome to my Triangle Area Real Estate Blog. This blog provides Triangle Area real estate information and resources to guide homeowners and buyers through the process of selling and buying a house, townhome or even investment property. If you are interested in Triangle Real Estate, please e-mail me here for a personal response! Thanks and let's get blogging! VideoAd by Mixpo


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