Transportation Bond Referendum
Vote on March 3rd

City of Hendersonville voters will consider a Transportation General Obligation (GO) Bond referendum during the March 3, 2026, primary election. 

If approved, the referendum would authorize the City to issue up to $10 million in General Obligation bonds to fund transportation infrastructure improvements. The bond proceeds would be supplemented by approximately $900,000 in existing transportation funding annually for five years, for a total of $14.5 million dedicated to transportation projects. 

No tax increase is anticipated, however, North Carolina law requires that bond referendum language include the maximum potential tax impact. If necessary to repay the bonds, the estimated property tax impact could be up to 2 cents per $100 of assessed property value.

GO Bond Storymap

Learning about the transportation bond in an interactive way has never been easier than with the GO Bond Storymap! Scroll through to learn about the projects the City of Hendersonville would be able to accomplish if the bond passes on March 3.

Visit the GO Bond Storymap

GO Bond - Educational Video

What is a GO Bond? Watch the video for an overview of how transportation bonds work and what they can accomplish!

Watch the GO Bond Video

Voting Information

Additional Info, Flyers, and Website

Proposed Use of Funds 

If authorized by voters, bond funding would support transportation improvements in three primary areas: 

• Street Repaving: Improving pavement conditions on City-owned streets with lower Pavement Condition Index (PCI) ratings. The proposed funding would repave approximately 24.84 miles of roadway, or about 37% of City-owned streets, focusing on segments rated “fair” or below. 

• ADA Accessibility Improvements: Repairing or replacing curb ramps to address accessibility barriers and advance compliance with Americans with Disabilities Act (ADA) standards and federal Public Right of Way Accessibility Guidelines (PROWAG). 

• Complete Streets and Connectivity Projects: Implementing pedestrian, bicycle, and intersection safety improvements identified in adopted transportation plans, including sidewalk expansions, multi-use paths, and intersection upgrades. 

Projects were identified using objective criteria such as pavement condition scores, proximity to schools and parks, inclusion in High Injury Network areas, and recommendations in adopted plans including the Gen H Comprehensive Plan, Walk Hendo Pedestrian Plan, and Age-Friendly Action Plan. 

Financial Impact 

General Obligation bonds are a financing tool commonly used by North Carolina municipalities to fund capital improvements. Because they are backed by a city’s taxing authority, GO bonds typically carry lower interest rates than many other forms of borrowing. State law requires voter approval before a city may issue this type of debt. 

Although no tax increase is anticipated, North Carolina law requires that bond referendum language include the maximum potential tax impact. 

If necessary to repay the bonds, the estimated property tax impact could be up to 2 cents per $100 of assessed property value. For a home valued at $250,000, this would equate to a potential monthly increase of approximately $4.16. Actual impact would depend on economic conditions, timing of bond issuance, and other financial factors. 

If the referendum passes, projects funded through the bond are expected to be initiated and substantially completed within five years.  

If the referendum does not pass, the City would not be authorized to issue the proposed bonds. Transportation projects identified for bond funding would continue to rely on existing revenue sources and may proceed at a slower pace. 

Resources 

Additional information about the proposed GO bond, including educational flyers for sharing, are available on the City's website.

Visit the GO Bond web page