N.C. Dept. of State Treasurer: Local Government Commission Approves $2.5B Bond for Charlotte-Mecklenburg School
February 08, 2024
February 08, 2024
RALEIGH, North Carolina, Feb. 8 -- The North Carolina Department of the State Treasurer issued the following news release on Feb. 7, 2024:
Mecklenburg County voters approved a massive $2.5 billion bond package for school construction with 63% in favor of a public referendum on Nov. 7, 2023. And now the Local Government Commission (LGC) has unanimously approved the general obligation bonds, to be paid for with a 3-cent property tax increase phased in during 2025, 2028 and 2029. It is . . .
Mecklenburg County voters approved a massive $2.5 billion bond package for school construction with 63% in favor of a public referendum on Nov. 7, 2023. And now the Local Government Commission (LGC) has unanimously approved the general obligation bonds, to be paid for with a 3-cent property tax increase phased in during 2025, 2028 and 2029. It is . . .