- Associated Press - Wednesday, May 6, 2015

RALEIGH, N.C. (AP) - North Carolina House Speaker Tim Moore says he’d prefer a statewide vote early next year on borrowing for road construction and government infrastructure, rather than this fall as Gov. Pat McCrory wants.

Moore told a county commissioners meeting Wednesday in Raleigh that it makes more sense to hold bond referenda when the presidential primary is held in February or March.

McCrory oposing two borrowing packages of up to $3 billion combined. He says the state can’t afford to act quickly and possibly miss low interest rates. Having a fall election would require county officials to run a statewide special election since only municipal races are being held.

The legislature would have to authorize any bond vote. Moore says he personally supports the bonds but doesn’t know yet what colleagues think.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide