Questions and Answers
March 21 Budget Retreat
Question 1: What was the allocation of General Obligation bond projects by Council
district for the past five bond referenda?
A total of $781.6 million in capital investment funding was approved by voters in
five bond referenda between 2002 and 2010. $637.0 million of this bond funding
has been allocated to specific projects within the seven City Council districts. The
remaining $144.6 million in bonds approved in the five referenda is allocated to
transportation programs that provide infrastructure improvements throughout the
City or that support intergovernmental and public-private partnerships on regional
programs that service the entire City. These programs – including Traffic
Equipment Replacement, Arterial Signal System Upgrades, Participation in State
Highways, and Public-Private Participation – cannot be readily identified to a specific
Council district. The table below shows the amount of Transportation,
Neighborhood Improvement, and Affordable Housing bond investments allocated to
each of the seven districts.
District
2002-2010 GO
Bond Funding
(Millions)
1
$ 129.1
2
$ 136.6
3
$ 150.3
4
$ 86.4
5
$
53.8
6
$
29.2
7
$
51.5
Total
Examples of Major Investments (Millions)
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Neighborhood Improvements ($40.4)
Northeast Corridor Access Improvements ($15.3)
Affordable Housing projects ($14.3)
South Corridor Infrastructure ($12.5)
N. Tryon Redevelopment ($9.5)
Statesville Road Widening ($25.3)
Neighborhood Improvements ($23.6)
Affordable Housing projects ($15.0)
Beatties Ford Road Widening ($13.0)
Fred D. Alexander Section C ($9.5)
Fred D. Alexander Section B ($36.5)
South Corridor Infrastructure ($26.2)
Affordable Housing projects ($23.5)
Neighborhood Improvements ($13.2)
Dixie River Road Realignment ($10.0)
Northeast Corridor Access Improvements ($15.3)
Johnston-Oehler Road Improvements (14.8)
City Boulevard Extension ($10.8)
NC 49 / US 29 Intersection ($10.5)
Affordable Housing projects ($5.2)
Neighborhood Improvements ($4.0)
Neighborhood Improvements ($28.2)
Idlewild Road Widening ($8.0)
Hickory Grove Road Widening ($7.0)
Affordable Housing projects ($4.6)
South Corridor Infrastructure ($12.5)
Affordable Housing projects ($7.0)
Sidewalks ($6.9)
Rea Road Widening ($22.3)
Community House Road Improvements ($8.2)
Ballantyne Commons Pkwy/Elm Lane Intersection ($8.1)
McKee Rd/Providence Rd Intersection ($7.0)
$ 637.0
Budget Retreat Q&As
April 27, 2012
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