What is the tax implication of the bond?
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A: The impact of the bond debt service is 2.7 cents per $100 of assessed property value. The county also calculated a gradual 2.0-cent increase to pay for operating the new buildings. In 2008, the operating impact would be 0.9 cents, with the total impact by 2011 being 2.0 cents.
So, in 2008, the owner of a $150,000 home would pay $54 more a year in property taxes, or a little less than 15 cents a day.
Wake County is examining the tax implications of the bond not passing.
