Back to Wake County Risk Audit
Independent School District • NC
Wake County Public School System
Public Bond Indebtedness, Interest Obligations & Debt Service Tax Pressure
98% Conf.
Tax Drift Index
79/ 100
High Drift Risk
Wake County Public School System Bond Carrying Cost Briefing
MSRB EMMA Official Bond Filings & State Education AgencyAugust 2026
Largest school system in North Carolina financing continuous new campus additions across Raleigh, Cary, and Apex.
M&O Rate: 0.4%I&S Debt Rate: 0.1%Combined Rate: 0.5%
Total Outstanding Bond Debt
$2.6B
Voter-Approved Capital Bonds
Debt Burden Per Student
$16,250
Among Top 5% Nationally
Student Enrollment
160,000
Active K-12 Student Population
Annual Debt Interest Service
$132.0M
Annual Interest & Sinking Outflow