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November 2026 Bond Referendum Request and Financing Debt Modeling
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INFORMATION CONTACT:
Beverly Liles, Finance, Director, 704-283-3675
ACTION REQUESTED:
Receive direction from the Board of County Commissioners on projects that should be considered for placement on the November 2026 General Election Ballot.
PRIOR BOARD ACTIONS:
None
BACKGROUND:
County departments, Union County Public Schools and South Piedmont Community College submit annually through the long-term capital planning process their request for long-term capital needs.
Union County Board of Commissioners received a presentation at the March 12th, 2026, Board Retreat for options for a new Union County Jail and associated property tax rate impacts.
Union County Public Schools will present their projects for consideration at the April 20th meeting.
This presentation will give an overview of the capital request that would require a long-term revenue source for consideration to be placed on the November 2026 Election Ballot and provide property tax debt rate impacts for the County as well as UCPS to illustrate the future debt service requirements associated with capital project financing.
FINANCIAL IMPACT:
To be determined based on bond referendum approvals.