First ad against school bonds appears
Thursday, September 28th, 2006
By Chris Fitzsimon
T. Keung Hui, Staff Writer
RALEIGH - Opponents of this fall’s $970 million Wake County school construction bond referendum presented their first campaign ad Wednesday.
The ad, which will appear today in the Wake Weekly and later in the Apex Herald, the Fuquay-Varina Independent, the Garner News and the Holly Springs Sun, says the bond issue is the "wrong way."
It’s sponsored by Americans For Prosperity-North Carolina, an advocacy group that favors limited government and fiscal restraint.
WHAT THE AD SAYS
"Higher taxes. More reassignments. Fewer choices for parents. Just say NO to the billion dollar bond-tax!"
IS IT TRUE?
Paying to build and operate the new schools that would be funded by the bond issue could eventually raise property taxes by 4.7 cents per $100 of assessed value, or $71 more per year on a $150,000 home. Supporters say the bonds are cheaper than other alternatives for the same amount of money.
School leaders say it’s inevitable that they’ll have to reassign students to fill new schools, with or without the bonds.
The bond issue will help pay for the conversion of schools to a year-round calendar and the construction of mandatory year-round schools. Supporters say it is needed to keep up with growth. (more…)
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