The big money players really want this thing:
Bond supporters behind the Connect NC Committee, which is registered with the state to promote the bond issue, say they have raised almost half of their $3.3 million goal, enough to launch a first round of TV ads around the state.
“A bond amounts to deferred taxation,” Revels said. “We’re talking about adopting a line of credit and leaving that to future generations to have to pay off, plus substantial interest. So I don’t think it’s a fiscally responsible policy for us to leave that for our children.”
But proponents are likely correct that they won't have to raise taxes to pay for it. They can do that simply by stealing funds that would/should have gone towards annual education budgets. As far as the debt is concerned, it won't just be the state who is forced into the red:
The community college system has identified $1.7 billion worth of capital improvements that are needed, according to Linda Weiner, a vice president with the system – far exceeding the amount that would be available from bonds.
Funding for each college was determined by the state Office of Budget and Management using a formula based on individual factors. Community college projects had not been identified when legislators passed the bill setting the bond referendum.
New construction projects will require local matching funds, based on county economic conditions. Repair and renovation work also will be done. In most cases, local and state boards still have to approve the projects.
Bolding mine. Since I've become involved in local government issues, I've also had to familiarize myself with County Commission business, since those entities are where a lot of development dollars come from. Budgets are already stretched thin, so I'm not sure how many are able to come up with matching funds, even if they're willing.
And this retort is very telling:
“People are so siloed-up, politically. I feel like the opposition isn’t thinking this through,” Proctor said. “They’re so busy trying to make the point that there’s some kind of inherent corruption or something going on, when it’s pretty clean, cut and dry. They’re portraying it that I’m driving around North Carolina telling people it’s a transportation bond. Well, I’ve not said one word about a road this whole journey.”
It doesn't matter what you've said while driving around, this bond was initially pushed hard by McCrory and Tata as a transportation infrastructure bond. It's only natural that people would be asking, "Where are the roads?" The revised bond is very close to a "bait-and-switch" already, and still calling it "Connect NC" when it doesn't really connect anything pushes it over into the deceptive category. And no amount of whining on your part is going to make that stink go away.