The Orange County School Bond Education committee is committed to providing accurate and impartial information about the 2024 School Bond Referendum. The committee aims to educate the public on the bond's facts, ensuring that voters can make an informed decision.
The bond will be the very last item on the 2024 General
Election ballot, located on the backside of the ballot.
An approved bond would primarily focus on building educationally adequate, safe, and updated learning environments for students and staff in both school districts. The bond will also target reducing operational and structural inefficiencies, such as high utility and maintenance costs
associated with aging facilities. Additionally, the bond aims to reduce the overall age of school facilities, ensuring that schools are better equipped to meet the demands of contemporary
education.
If approved, the $300 million bond will be distributed, with $175 million going to the Chapel Hill- Carrboro City Schools and $125 million to the Orange County Schools. The split is roughly in line
with student enrollment and is based on the costs of major projects and high-priority needs.
The approval of the bond could increase the Orange County property tax rate by $34.10 per $100,000 of valuation, starting in July 2025. For a home valued at $400,000, this would add
approximately $136.40 to the annual property tax bill.
