Cabarrus County Community College Bonds ReferendumBorrow up to $60 million for community college buildings
What your vote means
Cabarrus County may borrow up to $60 million for community college buildings, and may raise property taxes to pay it back with interest.
Cabarrus County may not borrow this money with these bonds.
Our one-line summary of the official wording.
In plain words
Our summary of the official materials and local reporting.
- A bond is a loan. Voters are asked whether Cabarrus County may borrow up to $60 million, plus interest, for community college buildings. source: ncsbe.gov (State Board of Elections)
- The official wording says property taxes in Cabarrus County may go up to pay the loan back. source: ncsbe.gov (State Board of Elections)
Cost: Up to $60 million borrowed, repaid with interest from property taxes in Cabarrus County. Official estimate of the total cost with interest, using the highest interest rate of the last 20 years: $93,667,200. Official estimate of the property tax increase: $7.50 a year for each $100,000 of property value.
Why people want it, and why others object
Why supporters want it
No public statement found.
Why opponents object
No public statement found.
Who backs each side
No public record found of a campaign committee or campaign money for either side.
In each side's own words where we could find them, quoted or summarized with a link to the source. We don't endorse either side.
What you will see on your ballot
Official ballot wording, word for word (tap to open)
Word for word from the State Board of Elections' official list of local referendums for Nov 3, 2026: ncsbe.gov (State Board of Elections) .
Additional property taxes may be levied on property located in the County of Cabarrus, North Carolina in an amount sufficient to pay the principal of and interest on bonds if approved by the following ballot question. Shall the order adopted on July 21, 2026, authorizing COMMUNITY COLLEGE BONDS of the County of Cabarrus, North Carolina in an amount not to exceed $60,000,000, plus interest, for the purpose of providing funds to construct, renovate, expand, improve and equip community college facilities in said County for Rowan-Cabarrus Community College, and providing that additional taxes shall be levied in an amount sufficient to pay the principal of and interest on the bonds, be approved, in light of the following: (1) The estimated cumulative cost over the life of said bonds, using the highest interest rate charged for similar debt over the last 20 years, would be $93,667,200, consisting of the $60,000,000 principal amount of said bonds, plus $33,667,200 of estimated interest. (2) The estimated amount of property tax liability increase for each one hundred thousand dollars ($100,000) of property tax value to service the cumulative cost over the life of said bonds provided above would be $7.50 per year.
- Yes
- No
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