All posts tagged bond referendum

Joint Investment

Let me see whether I have this right – a developer can come into town, get town approval to build a project of high-end apartments and condos that displaces residents who have trouble affording living here, and we as taxpayers have to pay to make housing available to the displaced residents? That’s pretty much what […]

Conflicting Priorities

Bonnie Hauser, founder of Orange County Voice, shares her insight into factors that affect housing affordability: Last month the N.C. General Assembly (NCGA) took away Orange County’s authority to collect impact fees on new home construction. It was a low blow by Raleigh politicians but brings new insights into the important topic of affordability. Thirty […]

Playing it safe

It was a dark and stormy night for affordable housing last Monday. At the Oct. 10 Town Council meeting, we had two opportunities to take meaningful steps to increase the supply of affordable housing, and a majority on council squandered them both. Early on in the meeting, a council member put forth a resolution urging […]

A bond without a plan

When it comes to taking on the challenge of increasing the amount of affordable housing, Orange County commissioners would do well to heed the wise counsel of Yogi Berra: “When you don’t know where you’re going, you’ll end up someplace else.” County commissioners proposed two bond referenda for the November election: $120 million to repair […]

Own up to tax hike

Get ready for a tax hike, a one-two punch of county and town both wanting more from taxpayers. Talk of money hung heavy in the air last week, with the county commissioners continuing discussion (kudos to board chair Earl McKee for dissuading his colleagues from rubberstamping approval) of a $125 million bond in 2016, and […]

Fix schools now, or later?

I stopped by the Orange County Commissioners retreat Friday afternoon to hear how commissioners planned to prioritize and pay for expenses on their wish list. As the discussion about whether to put a $125 million bond referendum on the ballot versus what’s called “pay-as-you-go” unfolded, I realized some commissioners took the “retreat” literally. The county […]