2016 Bond Referendum
By Durham Chamber of Commerce / Published 09.06.16Back to Feed
Durham County is growing and so is the need to improve our community’s infrastructure!
On November 8, 2016, all Durham County residents will have the opportunity to vote on a special bond referendum to enhance Durham Public Schools, Durham Technical Community College, Museum of Life and Science and the Durham County Library. Each household with a registered voter will be mailed a detailed brochure to learn more about these enhancements prior to the early voting period. This website is available to help explain the specifics of the four bond projects:
- School Bonds – $90 Million
- Community College Bonds – $20 Million
- Library Facilities Bonds – $44.3 Million
- Museum Bonds – $14.1 Million
On August 8, the Durham Board of County Commissioners approved putting a $170 million general obligation bond on the upcoming ballot that will fund public school building construction, provide additional community college classrooms and laboratories, and enlarging and improving Durham’s museums and library facilities. Durham voters will decide whether to give the county the borrowing authority for the bonds.
Approved bonds enable the issuance of long-term debt to finance specified public improvements. A bond referendum is a voting process that gives voters the power to decide if a county should be authorized to raise funds through the sale of bonds. Bonds are the least costly financing option available to the County for these projects.
KEY DATES TO REMEMBER
- September 20: First day to request an absentee ballot
- October 20: Early voting for General Election begins
- November 5: Early voting ends
- November 8: Election Day for Bond Referendum 2016 (General Election)
For more information about the 2016 Bond Referendum, contact the Durham County Public Information Office at email@example.com.
Taken from the Durham County Website here.