How do you feel about the Bonds on the ballot in October?

As reported in the Midtown Raleigh News the voters will have a chance to vote on two separate bonds.

On the Oct. 11 ballot, the city will ask Raleigh voters to approve $40 million in transportation bonds and $16 million in housing bonds. The items will be voted on separately.

WHAT IT MEANS FOR YOU

Approval of both bond proposals, totaling $56 million, would translate into an annual property tax increase of $17.11 on a residential property valued at $188,139, the median-priced assessment for Raleigh homes.

Passage of just the $16 million housing proposal would mean an increase of $5.26 on an annual tax bill.

And to clarify any confusion whether you support these bonds of not, they will raise your taxes if passed. Please let me know how you feel. E-mail is pterrelliii@nc.rr.com

http://voteterrell.com/