Most Charlotte-area bond measures on 2024 ballots pass. Here’s what they’ll pay for
Voters in Charlotte-area counties on Tuesday approved hundreds of millions of dollars in bonds that to pay for assorted infrastructure projects.
There were three bond measures on the ballot to pay for transportation, housing and neighborhood improvement projects in the city of Charlotte, totaling $400 million.
Other measures on ballots in Cornelius, Union County, Stallings and Belmont included funding for parks, schools and transportation projects, and new occupancy taxes.
Here are the latest results on Charlotte's 2024 bond and other ballot measures around the region:
Charlotte 2024 bond measures
All three of Charlotte's bond measures lead by wide measures with 163 of 169 precincts reporting as of 11:30 p.m.
The three bond measures on the 2024 ballot in Charlotte were:
A $238 million transportation bond, which contains $50 million for sidewalks, $55 million for potential new projects and $20 million for Vision Zero , a program to reduce traffic fatalities. It also includes funding for congestion mitigation, street resurfacing and roads and intersections. The "yes" side led after 11 p.m. with 66.93% of the vote to 33.07%.
A $100 million housing bond, which would double the size of the city's Housing Trust Fund. The new money would pay for more rental housing, efforts to keep neighborhoods affordable and other components of affordable housing. The "yes" side leads with 63.58% of the vote to 36.42%.
A $61.7 million neighborhood improvement bond, which includes $25 million for the Corridors of Opportunity program , which promotes economic development in six under-invested areas, and projects such as renovating and installing sidewalks, pedestrian and bike paths, and traffic controls. The "yes" side leads with 71.01% of the vote to 28.99%.
The bond has an estimated cost of $2.50 per $100,000 of assessed property value.
Other Charlotte-area ballot measures
Outside of Charlotte, some ballot measures appear to have failed to pass.
Additional ballot measures on Charlotte-area ballots Tuesday included:
A $20 million bond for parks in Cornelius. The money would pay for parkland acquisition, recreation center development, park development, park improvements and greenway development. The bond has an estimated cost $16.10 of per $100,000 of assessed property value. With all four precincts reporting, the "yes" side won with 59.53% of the vote to 40.47%.
A nearly $40 million school bond in Union County to help pay for a new high school and relocation of a middle school. The bond has an estimated cost of $8 per $100,000 of assessed property value. With all 54 precincts reporting, the "yes" side won with 55.31% of the vote to 44.69%.
A $25 million transportation bond in Belmont, which would pay for sidewalks and road enhancements such as new turn lanes. The bond has an estimated cost of $$42.50 per $100,000 of assessed property value. With all seven precincts reporting, Belmont voters said "no" to the bond by a margin of 55.86% to 44.14%.
A referendum to institute a new occupancy tax in Stallings, which would be charged to guests staying at hotels, motels and other lodging establishments within the town. State law says occupancy tax revenue can only be used for travel and tourism promotion and expenditures. With all seven precincts reporting, voters turned down the tax by a margin of 51.59% to 48.41%.
