Wake CountyTop story
Wake County voters approve a $680 million school bond and a $149.1 million Wake Tech bond
Wake Tech's largest share goes to Southern Wake Campus renovations
Source: Durham Herald Sun
View as table
| Value | |
|---|---|
| Southern Wake renovations | $65M |
| Technology upgrades | $22.7M |
| HVAC, elevators, electrical | $20.4M |
| Fire and Rescue Training Center | $20M |
| Welding, electrical, HVAC labs | $12M |
| Automotive center | $5M |
| Perry Health Sciences | $2M |
| Western Wake planning | $2M |
If you live in Wake County, two big bonds just passed. Voters approved $680 million for school repairs at 55 buildings and a $149.1 million Wake Tech bond to expand workforce training and upgrade campuses.
The Durham Herald Sun lists every Wake Tech project. The full cost of that loan could reach up to $228.8 million with interest, assuming the highest rate is charged. In Raleigh, housing and transportation bonds also passed, and they'll be paid from the city's Steady State fund.
Raleigh's transportation bond puts $51.5 million into three capital projects
Source: WUNC News
View as table
| Amount | Share | |
|---|---|---|
| Three capital projects | $51.5M | 50.7% |
| Citywide plans and programs | $40M | 39.4% |
| Neighborhood traffic management | $10M | 9.9% |
- Schools: $680 million, about $20 more a year for the average homeowner
- Wake Tech: $0.90 more per $100,000 of property value each year
- Median Raleigh home ($391,000): about $3.52 more a year for Wake Tech
- Raleigh housing bond: $101.5 million, no property tax increase



