Voters Approve $2 Billion Connect NC Bond Referendum

North Carolina voters have approved a $2 billion spending package. The Connect NC Bond Referendum passed with about two-thirds of voters saying yes. The money will be used to fund infrastructure projects throughout the state. The Triad will also get a big boost from the funding.

“The Triad alone will receive around $360 million for various projects. Those include a new National Guard readiness center in Guilford County, a new exhibit at the North Carolina Zoo in Asheboro and improvements at Pilot Mountain and Hanging Rock State Parks,” says WFDD's Keri Brown.

“A bulk of the money the state will borrow will go toward higher education. We will see new buildings, repairs and expansions for the UNC system campuses and improvements at community colleges across the state,” Brown adds.

Water and sewer projects for smaller communities and urban centers are also on the list.

Gov. McCrory says no tax increases are necessary to finance the bond. Supporters say it's been 15 years since the last infrastructure bond was approved by voters. Since then, North Carolina's population has grown by 2 million people.

*You can follow WFDD's Keri Brown on Twitter @kerib_news.