Raleigh voters approve $203 million bond package, split evenly between housing and transportation, with no tax increase
The City of Raleigh confirmed on November 5 that voters approved a $203 million general obligation bond package in the November 3 election: $101.5 million for housing and $101.5 million for transportation, with no property tax increase. The results are based on unofficial returns, with certification still to come.
The city said it has set aside funds for major capital projects through a dedicated 'Steady State' debt fund beginning in fiscal 2026, and repayment of the new bonds will rely mainly on that fund. Transportation bond proceeds will fund council-approved plans and projects, including the Big Jump program: more than 5 miles of new sidewalks and 50 miles of bikeways within five years.
Housing bond proceeds will build and repair affordable housing for low- and moderate-income families. Specific project lists and timelines will be considered by the City Council in turn. (Source: City of Raleigh)
Source: City of Raleigh
Published by GSM · USA (original Chinese edition)
Photo: 罗利市景（图：Wikimedia Commons，CC BY-SA 3.0） / Raleigh, North Carolina skyline (Wikimedia Commons, CC BY-SA 3.0)
