Boy, I wish Guilford County could be like the rest of the state, where ballot measure to hike taxes got walloped.
True, Guilford followed the state trend by overwhelmingly defeating the sales tax increase, but four of the five bonds on the ballot were approved, including the $114 million jail bond, which, according to Sheriff B.J. Barnes, had a 98 percent chance of failing.
The N&R reports that, as it became apparent that the $457 million in school bonds passed, Guilford County Commission Chairman Kirk Perkins noted “This is going to be an automatic property tax increase.”
Property taxes are going to keep going up as long as local government keeps servicing bond debt. Obviously a lot of people don’t understand that.
