BREAKING: Pro-transit plan campaign raises $1.7M, report shows
Charlotte's big and well-known firms open their wallets to support 'yes' vote
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Major donors include Charlotte’s pro sports teams, real estate developers, construction companies and Fortune 500 firms, campaign finance documents show
The transit and transportation plan on the ballot would expand rail and buses and provide money for roads and road-related projects. (Ledger file photos)
by Tony Mecia and Lindsey Banks
The campaign to persuade voters to approve the Mecklenburg transit and transportation sales tax reported raising $1.7M from businesses through mid-October, according to campaign finance documents made available Wednesday.
In a report filed with the State Board of Elections this week, the Coalition for a Better 2050 detailed its receipts and expenses, as required by state law. It is an organization run by the Charlotte Regional Business Alliance, which has been a major backer of the transit and transportation plan and has said it planned to raise $3M to support the effort.
The report shows that many of Charlotte’s biggest and best-known companies have donated to the “yes” campaign, including professional sports teams, real estate developers, construction companies and several of the city’s Fortune 500 firms. The largest donor, the report says, was Atrium Health ($250,000), followed by infrastructure design and consulting firm HNTB Corp. ($105,000) and Hornets Sports and Entertainment ($55,000).