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Bonded and Sealed: The Verdict on the October School Bond Vote
“This was the absolute best way, the
smartest way, the most inexpensive
way to pay for these new schools and
the renovations we need to keep pace
with this growth.”
passed in the polls with a margin of 58 percent in favor of the bond and 42 per
cent opposed to it. Those most in favor of the bond were voters from the Raleigh
and western Wake County areas, while those opposed to the bill were residents
of northern, eastern and southeastern Wake County.
Since the bond’s passing, the implications it may have upon Wake coun
ty residents are now a serious concern for those in the community. WRAL re
ports that the bond will add 5 percent to the property tax rate in the county,
and for those who own a home in the Wake County area that is valued at least at
$150,000, an additional $75 will be paid for property taxes. Many opponents of
the school bond view this as a misappropriation of funds and incorrect handling
of state finances. Republicans have spoken out against these claims, wanting to
reassure citizens that the passing of the school bond is in the best interest of the
county and its residents. Keith Sutton, chairman of the school board, spoke in fa
vor of the school bond and explained his reasoning for why it will be a beneficial
asset to the community: “This was the absolute best way, the smartest way, the
most inexpensive way to pay for these new schools and the renovations we need
to keep pace with this growth”. Not everyone in the community views the recent
vote on the school bond as a positive, and the long-term benefits have yet to be
understood. How the school bond will affect students and parents in the Wake
County area will be most telling in the implementation of strategically trying to
offset student population growth in the area.
via newsobserver.oom
Marlena Brown, staff writer
On Tuesday, Oct. 8, many Wake County residents headed to the polls to
cast their vote on a much discussed issue: whether or not to implement a school
bond. According to WRAL, the bond was an $810 million construction proposal
to have 11 elementary schools, three middle schools and two high schools built.
The funding would also contribute to major renovations for school buildings
in need of repair, give other schools the opportunity to fund smaller upgrades
and have available funds for future land purchases if additional educational in
frastructure is necessary. Though many voters opposed the bond, the proposal
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Debt Ceiling Deadline
Approaches
Monique Kreisman, news editor
The federal government shutdown has now lasted sixteen days, and the
Senate and House versions of the spending bill are close to being reconciled. CNN
reports that there are still a few unresolved points of debate regarding the Af
fordable Care Act, or Obamacare, specifically regarding a tax on medical devices
and the healthcare plan for members of Congress. As Congress works to negoti
ate an end to the shutdown, the government approaches the debt ceiling, or the
limit on the amount of money the federal government can borrow. On October 17,
the government is expected to reach that margin, and it may default on loans or
be unable to make other payments. The government shutdown has already cost
billions of dollars in lost GDP, and if the government is unable to borrow more
money, the economy would be even more negatively affected.
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