About the 2023 Bond Referendum

Huntersville is a vibrant and welcoming community nestled in the heart of the Charlotte and Lake Norman region. With its rich history, natural beauty and strong sense of community, Huntersville offers residents and visitors alike a truly exceptional experience. 

Residents have identified Transportation projects and Parks and Recreation projects as high priorities for the Town. This November, residents will find both a Transportation Bond Referendum and a Parks and Recreation Bond Referendum on the ballot. These referendums, if passed, will give the Town Board the authority to issue $58 million in total General Obligation Bonds to expand and improve Parks and Recreation facilities, and improve Transportation needs around Town. 

With the Town's exemplary AAA bond rating, General Obligation Bonds enable the community to leverage financing at the lowest possible interest rates. General Obligation financing is considered the best and least expensive of tax-supported municipal debt. These bond referendums are asking the community to vote Yes or No on giving the Town Board the authority to issue $50 million in General Obligation Bonds for Transportation projects, and $8 million in General Obligation Bonds for Parks and Recreation projects. 

If passed, these General Obligation Bonds would provide funding to improve and expand Parks and Recreation facilities and improve Transportation issues around Huntersville. If the bond referendum does not pass in November, the projects will likely not move ahead within the next five to ten years. If projects are deemed critical, the board could decide to fund those projects through alternative means, or they may be canceled altogether.

Learn more: https://bit.ly/HuntersvilleBonds