// archives

budget

This tag is associated with 13 posts
Town Manager Andrew Grant

Proposed budget for FY 2025 emphasizes public safety, infrastructure

May 8. By Dave Yochum. Town Manager Andrew Grant has proposed a new $40.6 million budget for the next fiscal year with the tax rate staying the same—17.31 cents for the local portion of property taxes. For a home assessed at $500,000, that amounts to an annual town tax of approximately $865—which is about one […]

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Draft budget would keep tax rate the same: $42 million budget proposal

May 6. By Dave Vieser and Dave Yochum. Last year at this time, Cornelius commissioners were expecting a proposed budget which would reduce the town tax rate, even while raising more money. The reason: The county-wide revaluation resulted in significantly higher values, meaning a lower tax rate would still raise more revenue. That’s precisely what […]

Davidson OKs budget with a 12.6% average tax increase

June 20. The Davidson Board of Commissioners approved the FY 2023-2024 budget this month. The seven goal areas from the Strategic Plan are: A Well-Planned and Livable Community; Historic Preservation; Connecting People and Places, Affordable Living, Equity, and Inclusion; Sustainability and Natural Assets; Economic Development; and Operational Excellence. Town staff is greatly appreciative of the […]

You’re invited to share thoughts on county spending plan

Jan. 18. Share your priorities with Mecklenburg County leaders as they begin plan a budget for next year. A community workshop is scheduled for 6:30  pm Wednesday, Feb. 8, at the North Mecklenburg Regional Recreation Center,  18121 Old Statesville Rd., Cornelius. Learn more about Mecklenburg County programs and how your tax dollars pay for them […]

Budget survey open through Jan. 13

Dec. 13. The FY24 Budget Survey is out, and residents can let town leaders know what matters most. The survey takes a few minutes to complete. Rank priorities on a scale of 1 to 10; there are five brief questions about how the Town can best tailor the budget to meet needs and expectations. The […]

Town Board: Special meeting on FY 23 budget Thursday

Feb. 7. The Cornelius Board of Commissioners will hold a special meeting this Thursday to discuss planning for the upcoming Fiscal Year 2023 budget. The special meeting will be held 9 am to 5 pm in the Family Life Center at Mt. Zion United Methodist Church,

Town Manager Andrew Grant

Town budget draft: Local property taxes stay the same

May. 18. By Dave Vieser. Next year’s proposed town budget, which totals $26.1 million, will keep the property tax rate at .222 per $100 of assessed valuation while including funds to provide raises for sworn police officers, merit increases for other town employees and continue funding for six full-time firefighters. A public hearing on the […]

town hall

New survey will help town prioritize spending

Nov. 16. By Dave Yochum. The Town of Cornelius is asking residents to complete an online survey to help prioritize areas of focus for the budget process. It will help determine how to spend taxpayer dollars on fundamental issues like transportation and public safety awe well as economic development and arts. Mayor Woody Washam said […]

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Thanks to Puckett, county includes budget info with tax bills

Aug. 22. By Dave Vieser. It took several years, but Mecklenburg County is including information on how tax dollars are spent with the annual property tax bills. Previously, county tax bills only included the total tax payment due, but no explanation of where the money goes. The new bills included a small insert with that […]

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Cornelius: The $5 billion town

By Dave Vieser. The Town of Cornelius has a new $19.7 million budget, 7 percent larger than this past year, but the tax rate stays the same, thanks to a growing tax base. Indeed, the town’s total assessed value will exceed $5 billion in the coming year. The Town Board passed the budget unanimously Monday, and commended […]