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Wake County, North Carolina, Public Libraries Bond Measure (November 2024)

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Wake County Public Libraries Bond Measure

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Election date

November 5, 2024

Topic
County bonds and Local property tax
Status

ApprovedApproved

Type
Referral

Wake County Public Libraries Bond Measure was on the ballot as a referral in Wake County on November 5, 2024. It was approved.

A "yes" vote supported this ballot measure to issue $142 million in bonds for library buildings and facilities and enact a property tax, estimated at $2.50 per year for each $100,000 of assessed property value, to repay the bonds.

A "no" vote opposed this ballot measure to issue $142 million in bonds for library buildings and facilities and enact a property tax, estimated at $2.50 per year for each $100,000 of assessed property value, to repay the bonds.


Election results

Wake County Public Libraries Bond Measure

Result Votes Percentage

Approved Yes

350,510 56.42%
No 270,749 43.58%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Public Libraries Bond Measure was as follows:

Additional property taxes may be levied on property located in the County of Wake, North Carolina in an amount sufficient to pay the principal and interest on bonds if approved by the following ballot question. Shall the order adopted on July 8, 2024, authorizing $142,000,000 LIBRARY BONDS of the County of Wake, North Carolina, plus interest, for the purpose of providing funds, together with any other available funds, for acquiring, constructing, expanding and renovating library buildings and other library facilities, both fixed and mobile, and the acquisition of related land, rights of way and equipment, and providing that additional taxes may be levied in an amount sufficient to pay the principal of and interest on said bonds be approved, in light of the following: 

(1) The estimated cumulative cost over the life of said bonds, using the highest interest rate charged for similar debt over the last 20 years, would be $217,884,800, consisting of the $142,000,000 principal amount of said bonds plus $75,884,800 of estimated 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 said bonds would be $2.50 per year. 


Path to the ballot

See also: Laws governing local ballot measures in North Carolina

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

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

External links

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.