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Greensboro bond referenda

Friday, October 10, 2008
updated Wednesday, October 29, 10:44 am

Greensboro residents are being asked to approve $205 million worth of bond projects.

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$134 MILLION FOR TRANSPORTATION PROJECTS

What it would get you

  • Dozens of street, sidewalk, greenway, intersection and trail improvements, including $26 million for Horse Pen Creek Road.
  • $7.5 million for the Summit Avenue streetscape project.
  • $2.2 million East Wendover Avenue sidewalk addition.

Estimated impact on property taxes

1.63 cents added to the tax rate.

Annual cost to taxpayer with a $200,000 home

$32.60.

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$50 MILLION FOR WAR MEMORIAL AUDITORIUM

What it would get you

  • A new lobby.
  • Better acoustics.
  • Improved accessibility for people with disabilities inside the shell of the old building.

Estimated impact on property taxes

0.61 cent added to the tax rate.

Annual cost to taxpayer with a $200,000 home

$12.20.

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$20 MILLION FOR PARKS AND RECREATION

What it would get you

  • Pool and tennis court repairs.
  • Artificial turf for Hester Park installation.
  • Repairs and upgrades to existing facilities.
  • $12 million competitive pool.

Estimated impact on property taxes

0.24 cent added to the tax rate

Annual cost to taxpayer with a $200,000 home

$4.80

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$1 MILLION FOR HOUSING AND COMMUNITY DEVELOPMENT

What it would get you

Housing and Community Development would use the fund for yet-to-be determined community improvement projects.

Estimated impact on property taxes

0.01 cent added to the tax rate.

Annual cost to taxpayer with a $200,000 home

20 cents

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Total property-tax rate impact for all bonds

2.5 cents on the tax rate.

Total additional cost to taxpayer

$50.

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