$19 Billion Needed To Keep Up With Wake Growth
Posted June 1, 2006
RALEIGH, N.C. — A blue-ribbon committee said Wake County is expected to double in population by 2030 and needs billions of dollars to manage the growth.
Blue Ribbon Committee Report On Wake Growth
The report outlines a need for $6 billion to pay for more than 200 road projects in the county. To pay for those projects, the committee suggests putting a toll road on the southern part of Interstate 540 and implementing a gas tax.
The committee also suggests that $11 billion should go to the Wake County School system to pay for more schools and teachers and assist with the anticipated increase in student enrollment. The report proposes raising property taxes by as much as 10 cents.
In all, the committee, which was formed five months ago to address issues such as jail overcrowding, schools and roads, reported that $19 billion would be needed to handle the potential growth.
Committee members will present the full report to county commissioners in July.