2014 Bond Referendum

On Nov. 4, 2014, Wake Forest voters passed a $25.1 million bond for three separate capital projects totaling $55 million.

The bond referendum included the following ballot questions:

  1. Street & Sidewalk Improvements - $6.3 million
     
  2. Parks & Recreation Facilities - $14.2 million
     
  3. Greenway Improvements - $4.6 million

Staff Contact
For more information about the 2014 Bond Referendum, contact Finance Director Aileen Staples at 919-435-9461.


Schedule a Speaker
If you would like a town official or member of the Board of Commissioners to discuss the 2014 Bond Referendum at your next meeting or event, contact Public Information Officer Bill Crabtree at 919-435-9421.

Voters Approve Three Bond Questions 

Wake Forest voters have approved all three questions on the referendum ballot for the Town of Wake Forest. 

The $25.1 million bond referendum is slated to fund projects totaling $55 million with much of the difference being made up by matching grants. 

Although the property tax impact could be up to 2 cents per $100 of assessed property value, an increase may not be necessary if the town's revenues continue to increase at the current rate. 

Since there are multiple potential projects included in each bond order, the  projects and the respective debt issuance will be spread out over seven years.