Wake School Board to Push for a 'Reasonable' School Bond Figure

Friday, March 22, 2013

The Wake County school system has $2.2 billion in school construction needs, but school board members and county commissioners said Thursday they won’t ask the public to approve a school bond referendum of that size.

School administrators said that they’ve identified $2.2 billion in needs through the next five years that would help them build 32 new schools and make major renovations at 28 schools, along with other projects. Because a bond issue that large would cost the average Wake County homeowner as much as $375 a year in higher property taxes, county leaders said the bond issue will ask for a much lower amount.

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