On Nov. 4, 2014, Wake Forest voters will have the opportunity to head to the polls to weigh in on a $25.1 million bond for three separate capital projects totaling $55 million.
The bond referendum calls for three ballot questions that voters will consider separately:
The goal of this site is to offer voters the opportunity to learn more about their options.
Wake Forest In Focus - 2014 Bond Referendum
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.
Engage Wake Forest
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.