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Cornelius News

Town Board votes on whether they support CMS $2.5 billion bond referendum

Photo by Jason Benavides

Oct. 2. At tonight’s Town Board meeting, commissioners will be asked if they support the $2.5 billion CMS bond issue on the ballot countywide this fall. Both Mayor Woody Washam and Commissioner Denis Bilodeau, Washam’s opponent, have already voiced their support, but this will give  other commissioners a chance to let their feelings be known to voters.

“Charlotte Mecklenburg Schools (CMS) is proposing a $2.5 billion-dollar bond package to fund 30 projects that address school facility needs,” said Deputy Mayor Wayne Herron in a memo accompanying the proposed resolution of support to the commissioners.

The bond package would replace three aging North Meck schools—Cornelius Elementary, Huntersville Elementary and North Mecklenburg High School.

If the bond issue is approved, town taxpayers will see an increase of one cent in the county portion of their tax rate in each of three years: 2025, 2028 and 2029. CMS officials estimate the increase for the owner of an average home will amount to a total of approximately $120. 

The meeting will begin at 6 pm in Town Hall on Catawba Avenue. It will also be live streamed on the town website: www.cornelius.org