On November 2, 2010, Charlotte citizens voted on $203.6 million in transportation, neighborhood improvement and affordable housing bonds
. The bonds are part of the Charlotte City Council’s adopted Capital Investment Plan and do not require a tax increase.
|More About Bonds
||The City's capital needs exceed the ability to fund projects on a "pay as you go basis." Bonds allow the City to pay for projects over a longer period of time. Typically, the City asks voters to authorize bonds for major projects or package of several similar projects. Bonds were voted on last in November 2010 and approved. This required no tax increase.|