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Charlotte, North Carolina, Transportation Bond Measure (November 2024)

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Charlotte Transportation Bond Measure

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Election date

November 5, 2024

Topic
City bonds and Local transportation
Status

ApprovedApproved

Type
Referral


Charlotte Transportation Bond Measure was on the ballot as a referral in Charlotte on November 5, 2024. It was approved.

A "yes" vote supported authorizing the city to issue $238 million in bonds with revenue going to fund streets, roads, highways, and other transportation costs, and requiring an estimated property tax levy of $1.00 per $100,000 in assessed value.

A "no" vote opposed authorizing the city to issue $238 million in bonds with revenue going to fund streets, roads, highways, and other transportation costs, and requiring an estimated property tax levy of $1.00 per $100,000 in assessed value.


A simple majority was required to approve the measure.

Election results

Charlotte Transportation Bond Measure

Result Votes Percentage

Approved Yes

277,122 66.87%
No 137,283 33.13%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Transportation Bond Measure was as follows:

Additional property taxes may be levied on property located in the City of Charlotte in an amount sufficient to pay the principal of and interest on bonds if approved by the following ballot question. Shall the order authorizing $238,300,000 of bonds plus interest to provide funds to pay the capital costs of constructing, reconstructing, enlarging, extending and improving certain streets, including streets and roads constituting a part of the State highway system or otherwise the responsibility of the State and including the cost of related studies, streetscape and pedestrian improvements, relocation of utilities, plans and design; acquiring, constructing, reconstructing, widening, extending, paving, milling, resurfacing, grading or improving streets, roads, intersections, parking lots and pedestrian and bicycle paths; acquiring, constructing, reconstructing or improving sidewalks, curbs, gutters, storm drainage, bridges, overpasses, underpasses and grade crossings and providing related landscaping, lighting and traffic controls, signals and markers; and the acquisition of interests in land and rights-of-way required therefor, and providing that additional taxes may be levied in an amount sufficient to pay the principal of and interest on the bonds be approved, in light of the following:

(1) The estimated cumulative cost over the life of the bond, using the highest interest rate charged for similar debt over the last 20 years, would be $372,014,896 (consisting of $238,300,000 principal amount of bonds plus $133,714,896 of interest).

(2) The estimated amount of property tax liability increase for each one hundred thousand dollars ($100,000) of property tax value to service the cumulative cost over the life of the bond provided above would be $1.00 per year.


Path to the ballot

This measure was put on the ballot through a vote of the governing body of Charlotte.

How to cast a vote

See also: Voting in North Carolina

See below to learn more about current voter registration rules, identification requirements, and poll times in North Carolina.

How to vote in North Carolina


See also

Footnotes

  1. Justia, "NC Gen Stat § 163-166.01 (2022) Hours for voting," accessed May 1, 2023
  2. North Carolina State Board of Elections, “Registering to Vote,” accessed October 7, 2024
  3. North Carolina State Board of Elections, “Who Can Register,” accessed October 7, 2024
  4. North Carolina State Board of Elections, “Register in Person During Early Voting,” accessed October 7, 2024
  5. North Carolina State Board of Elections, “National Voter Registration Act (NVRA),” accessed October 7, 2024
  6. 6.0 6.1 NCSL, "State Profiles: Elections," accessed August 30, 2024
  7. North Carolina State Board of Elections, “Register in Person During Early Voting,” accessed May 1, 2023
  8. Justia, “NC Gen Stat § 163-227.2 (2022),” accessed May 1, 2023
  9. North Carolina State Board of Elections, "North Carolina Voter Registration Application," accessed November 2, 2024
  10. Under federal law, the national mail voter registration application (a version of which is in use in all states with voter registration systems) requires applicants to indicate that they are U.S. citizens in order to complete an application to vote in state or federal elections, but does not require voters to provide documentary proof of citizenship. According to the U.S. Department of Justice, the application "may require only the minimum amount of information necessary to prevent duplicate voter registrations and permit State officials both to determine the eligibility of the applicant to vote and to administer the voting process."
  11. 11.0 11.1 North Carolina State Board of Elections, "Voter ID," accessed May 1, 2023
  12. North Carolina State Board of Elections, “Voter ID,” accessed May 23, 2024
  13. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.