Cabarrus County School Bonds Referendum
Ballot measure · November 3, 2026
Results: the official election results site. Counts are unofficial until certified.
- What it does
- 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 SCHOOL BONDS of the County of Cabarrus, North Carolina in an amount not to exceed $340,000,000, plus interest, for the purpose of providing funds to construct, renovate, expand, improve and equip school buildings and other school facilities, 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 $530,780,800, consisting of the $340,000,000 principal amount of said bonds, plus $190,780,800 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 $42.50 per year.
- A YES vote means
- Cabarrus County could borrow up to $340,000,000 by issuing bonds for building, renovating, expanding, improving and equipping school buildings and facilities, repaid with property taxes; the estimated total cost with interest is $530,780,800, and the estimated property tax increase is $42.50 a year per $100,000 of value.
- A NO vote means
- Cabarrus County would not be authorized to issue these $340,000,000 in bonds or levy taxes to repay them.
- Needed to pass
- A simple majority: more than half of the YES and NO votes on this measure must be YES. Leaving it blank doesn't count either way.
- Left–right lean
- Unclear: our AI read of the official summary isn't confident enough (we require 70%) to place this on the left–right spectrum, so we don't. Read the summary and decide for yourself.
Background
The Cabarrus County Board of Commissioners adopted the bond order authorizing up to $340,000,000 in school bonds on July 21, 2026, after a public hearing that evening, according to the county's notice of bond referendum; a separate $60,000,000 community college bond order is a separate question on the same ballot.
According to the county's notice of the bond orders, the Finance Director estimated total interest on the school bonds of $190,780,800 over their expected term, using the highest interest rate charged for similar debt over the last 20 years.
The notice estimates that repaying the school bonds would require a property tax increase of $0.0425 per $100 of assessed valuation, and states that the estimates are preliminary and may differ from actual amounts.
Next elections here
Also on Cabarrus County ballots
Quick answers
- What does a YES vote on Cabarrus County School Bonds Referendum mean?
- Cabarrus County could borrow up to $340,000,000 by issuing bonds for building, renovating, expanding, improving and equipping school buildings and facilities, repaid with property taxes; the estimated total cost with interest is $530,780,800, and the estimated property tax increase is $42.50 a year per $100,000 of value.
- What does a NO vote on Cabarrus County School Bonds Referendum mean?
- Cabarrus County would not be authorized to issue these $340,000,000 in bonds or levy taxes to repay them.
- How many votes does Cabarrus County School Bonds Referendum need to pass?
- A simple majority: more than half of the YES and NO votes on this measure must be YES. Leaving it blank doesn't count either way.
- Should I vote yes or no on Cabarrus County School Bonds Referendum?
- SpectrumVote doesn't endorse anyone or tell you how to vote. Read what a YES and a NO vote each do, and the official text, then decide based on what you want to happen.
- When is the vote?
- The general election was Tuesday, November 3, 2026. Counts are unofficial until each state certifies its results over the following weeks; your state or county election office has the official results.
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