RALEIGH, NC – Raleigh voters could see the city’s largest-ever parks and greenway bond on their ballots this fall.
The Raleigh City Council gave initial approval for a $275 million bond referendum to plan, build and fix parks across the city. If voters back the bond this fall it would raise the city’s property tax rate between 3 and 4 cents per $100 of assessed property value and cost the average homeowner about $100 more a year.
A parks bond has been on the table since Raleigh Mayor Mary-Ann Baldwin pitched one as part of her “moonshot” in 2019. It was delayed due to the COVID-19 pandemic but the city did raise the property tax rate by a penny last year to… [READ MORE]