Policy Report

Bond, School Bonds: School Bonds Will Leave Taxpayers Shaken Down, Not Stirred

posted on in Education (PreK-12), Transportation

Elected officials in Durham, Gaston, Macon, Mecklenburg, and Moore counties are asking voters to approve school construction bonds that will increase an already high tax burden on low and middle income homeowners in these counties. Local governments have failed to implement the full range of school facilities alternatives and strategies that could accommodate enrollment growth without imposing additional taxes and long-term debt on taxpayers.

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We are North Carolina’s Most Trusted and Influential Source of Common Sense. The John Locke Foundation was created in 1990 as an independent, nonprofit think tank that would work “for truth, for freedom, and for the future of North Carolina.” The Foundation is named for John Locke (1632-1704), an English philosopher whose writings inspired Thomas Jefferson and the other Founders.

The John Locke Foundation is a 501(c)(3) research institute and is funded solely from voluntary contributions from individuals, corporations, and charitable foundations.