Guilford County taxpayers are on track to repay more than $3.6 billion in debt over the coming decades – a long-term financial commitment that extends to about 2050 under current projections.
And that number is just the current debt. The Board of Commissioners has already been discussing the need for another large school bond referendum down the line because inflation has forced a number of promised school projects onto the cutting room floor, and the board is also considering a downtown campus and renovation project expected to cost more than $170 million that would be added on top of that.
Additional Guilford Technical Community College borrowing is also being discussed, along with other expensive county wants and needs…