• Press Release

    Wake Voters Reject Bonds That Raise Taxes

    posted April 25, 2006
    RALEIGH – More than 60 percent of Wake County voters would reject a school bond referendum that triggers a tax increase, according to a new poll commissioned by the John…
  • Research Report

    The Forsyth Formula: Other School Districts Should Learn These Construction Principles

    posted March 9, 2006 by Dr. Terry Stoops
    Since 2001, Winston-Salem/Forsyth Schools has been building and renovating schools for much less money than other school districts in North Carolina. Their secret? Core principles emphasizing building smaller and more efficient schools, resisting pressure to add or change building features, and holding down costs without compromising quality. Other school districts should adopt these principles, combined with alternative approaches to financing and building schools, to minimize their dependence on large bond issues, maximize state and local revenue, and keep taxes low.
  • Press Release

    Follow the Forsyth Formula

    posted March 9, 2006
    RALEIGH — Voters statewide will likely face votes on more than $1.5 billion in bonds for school construction this year. A new Locke Foundation Spotlight report shows taxpayers could save…
  • Research Report

    Inquiry #1: Bond, Strange Bond

    posted September 30, 2001 by Dr. Roy Cordato
    Summary: The University of North Carolina Board of Governors has proposed a capital spending plan calling for nearly $5 billion over the next decade to modernize and expand the system. To pay for it, UNC wants the authority to raise funds by the issuance of two kinds of bonds that would not be subject to voter approval. While there is undeniable need to renovate academic buildings, taking care of the worst needs over the next four years would cost about $1.1 billion and could be handled through the existing budget process if repair and renovation were made the top university priority. The need for a large-scale construction program is dubious and does not require the use of non-voter-approved bonds.
  • Research Report

    Slow Down On Bonds: First Ask Questions About UNC Budget Priorities

    posted June 17, 2001 by George Leef
    A recent report showing that many state university buildings are in very poor repair and warning of explosive UNC enrollment growth has led to a proposal that would allow the state and the university system itself to sell bonds without voter approval. There are strong reasons to doubt that this is the best way to solve the problem of building maintenance, and to consider redirecting existing funds and allowing more students to choose private colleges to reduce the pressure.

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