News

Critics Worry About Debt Load From Bond Package

RALEIGH — While publicly lobbying for the $2 billion Connect NC bond referendum that will be on the March 15 ballot, Gov. Pat McCrory and members of his administration say the measure will be fiscally prudent, reducing state General Fund debt over the next five years. But a small and growing chorus has criticized the bond proposal.

Dan Way
News

Success of Local Bonds May Not Translate Statewide

RALEIGH — Voters in five municipalities passed all 16 bond referendums on Tuesday’s ballot, mostly by wide margins, but some political observers caution against reading too much into those results as a way of predicting the passage of a pending $2 billion state bond package, noting that local voters often translate the promises of direct benefits to their communities as reason to support a borrowing measure.

Dan Way

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