Tax Increases from UNC Bonds a Virtual Certainty,” According to New Report

Proponents of the $3.1 billion bond for construction at UNC-system schools and community colleges have downplayed the possibility that tax increases may be necessary to cover additional debt service incurred by the state. But a recent analysis by the John Locke Foundation’s Pope Center for Higher Education Policy says otherwise.

Lawmakers Back UNC Bonds

To the applause of UNC leaders and amid self-congratulation, House and Senate members on Wednesday approved $3.1 billion in bonds for North Carolina’s public colleges and universities. But debate over equity and accountability continue as UNC leaders face ostensibly their biggest challenge yet – making their case to voters in November.

UNC-TV Needs $65 Million

On Wednesday, less than ten hours before UNC-TV aired a documentary showcasing UNC’s facilities needs, UNC-TV director and general manager Tom Howe told the Joint Select Committee on Higher Education Facilities Needs that UNC-TV needs $65 million in state money to meet a federal mandate.