Welcome to nctifuse.org

The North Carolina Tax Increment Finance Website
This website is presently under construction
We will be posting ongoing new items, so please visit frequently
 

History of Tax Increment Finance in NC

•  Placed on voter's ballot as Constitutional Amendments and failed twice

•  Placed again in 2004 as Amendment One and narrowly passed

•  This website was transformed from www.noamendmentone.org to provide citizen's of NC a database on TIF use

•  Arizona remains the only state not to allow tax increment financing

•  Message from one supportive elected official about post-election day and Amendment One

• Voters OK use of self-financing bonds: by the Winston Salem Journal; Richard Craver

• Carolina Journal list several articles pertaining to Amendment One, which are all pre-election articles

• The NC Board of Elections (NCBoE) results for Amendment One was approximately 51.3% in favor and 49.7 opposed
  (Total votes were 2,033,570 with1,504,391 For and 1429179 Against)

• Below is a listing of percentages by County in the Amendment One issue race on November 2, 2004.

• If your County voted "Against" Amendment One and they are considering using TIF, the citizens may want to remind their local elected officials that the decision not to use tax increment financing was decided by the people.

• Highlighted Counties listed below voted Against using tax increment financing.

 

County For Against Total 1,468,237 51.44% 1,385,938 48.56% Alamance 20,714 45.77% 24,540 54.23% Alexander 6,897 53.06% 6,101 46.94% Alleghany 1,744 52.94% 1,550 47.06% Anson 4,954 62.47% 2,976 37.53% Ashe 4,661 50.26% 4,612 49.74% Avery 3,014 52.58% 2,718 47.42% Beaufort 7,791 45.98% 9,154 54.02% Bertie 3,436 65.50% 1,810 34.50% Bladen 5,638 56.09% 4,414 43.91% Brunswick 15,638 44.18% 19,759 55.82% Buncombe 36,617 45.25% 44,310 54.75% Burke 12,380 47.62% 13,619 52.38% Cabarrus 12,010 50.59% 11,728 49.41% Caldwell 12,230 46.43% 14,110 53.57% Camden 1,688 58.05% 1,220 41.95% Carteret 8,937 41.42% 12,638 58.58% Caswell 3,845 51.08% 3,683 48.92% Catawba 27,759 60.19% 18,358 39.81% Chatham 8,209 41.28% 11,679 58.72% Cherokee 3,906 46.38% 4,515 53.62% Chowan 908 40.28% 1,346 59.72% Clay 1,914 48.94% 1,997 51.06% Cleveland 16,912 54.58% 14,076 45.42% Columbus 8,510 49.70% 8,614 50.30% Craven 16,371 47.06% 18,419 52.94% Cumberland 40,815 49.91% 40,964 50.09% Currituck 4,413 58.87% 3,083 41.13% Dare 6,567 49.30% 6,754 50.70% Davidson 28,277 53.88% 24,201 46.12% Davie 7,842 51.14% 7,492 48.86% Duplin 6,079 49.37% 6,233 50.63% Durham 54,164 56.60% 41,532 43.40% Edgecombe 11,637 66.60% 5,836 33.40% Forsyth 51,277 54.71% 42,448 45.29% Franklin 9,390 51.64% 8,792 48.36% Gaston 17,134 38.70% 27,139 61.30% Gates 1,803 60.16% 1,194 39.84% Graham 987 40.17% 1,470 59.83% Granville 9,174 58.26% 6,574 41.74% Greene 3,429 56.85% 2,603 43.15% Guilford 90,786 50.95% 87,404 49.05% Halifax 9,846 59.80% 6,619 40.20% Harnett 11,597 40.72% 16,881 59.28% Haywood 9,139 42.38% 12,423 57.62% Henderson 17,821 48.74% 18,744 51.26% Hertford 3,860 68.83% 1,748 31.17% Hoke 5,163 55.51% 4,138 44.49% Hyde 1,052 53.13% 928 46.87% Iredell 27,309 55.29% 22,081 44.71% Jackson 3,566 48.95% 3,719 51.05% Johnston 18,387 46.35% 21,282 53.65% Jones 2,224 57.47% 1,646 42.53% Lee 7,856 49.28% 8,087 50.72% Lenoir 8,334 47.97% 9,038 52.03% Lincoln 12,119 47.91% 13,174 52.09% McDowell 5,331 43.30% 6,982 56.70% Macon 5,368 43.62% 6,939 56.38% Madison 2,950 39.27% 4,562 60.73% Martin 5,282 58.94% 3,679 41.06% Mecklenburg 162,668 57.96% 117,967 42.04% Mitchell 2,546 41.18% 3,637 58.82% Montgomery 4,743 56.18% 3,699 43.82% Moore 15,163 49.37% 15,551 50.63% Nash 17,073 80.79% 4,060 19.21% New Hanover 35,000 50.53% 34,260 49.47% Northampton 5,245 69.55% 2,296 30.45% Onslow 12,059 43.80% 15,470 56.20% Orange 29,170 52.20% 26,711 47.80% Pamlico 2,456 44.18% 3,103 55.82% Pasquotank 7,479 63.45% 4,309 36.55% Pender 6,031 43.17% 7,940 56.83% Perquimans 2,584 57.38% 1,919 42.62% Person 6,506 53.24% 5,714 46.76% Pitt 25,233 62.73% 14,991 37.27% Polk 3,144 40.96% 4,532 59.04% Randolph 18,023 41.97% 24,920 58.03% Richmond 8,320 63.51% 4,780 36.49% Robeson 16,049 58.79% 11,249 41.21% Rockingham 15,341 49.77% 15,485 50.23% Rowan 23,822 52.29% 21,733 47.71% Rutherford 9,953 46.44% 11,479 53.56% Sampson 9,030 53.58% 7,824 46.42% Scotland 2,982 52.47% 2,701 47.53% Stanly 12,769 55.65% 10,176 44.35% Stokes 8,058 47.94% 8,751 52.06% Surry 10,438 49.22% 10,767 50.78% Swain 1,729 42.72% 2,318 57.28% Transylvania 5,955 43.83% 7,632 56.17% Tyrrell 790 57.66% 580 42.34% Union 23,843 48.17% 25,651 51.83% Vance 7,893 61.82% 4,874 38.18% Wake 144,847 48.86% 151,599 51.14% Warren 3,342 52.46% 3,028 47.54% Washington 1,833 37.28% 3,084 62.72% Watauga 9,109 48.75% 9,575 51.25% Wayne 16,062 51.82% 14,932 48.18% Wilkes 10,273 48.06% 11,104 51.94% Wilson 14,458 62.40% 8,713 37.60% Yadkin 6,092 44.80% 7,507 55.20% Yancey 2,465 33.10% 4,982 66.90%

Look for more historical data in the future as cities and counties use tax Increment Financing

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