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Board hears $261 million budget proposal; considers tax cuts, fire-appartus fund and housing incentives
Summary
County staff presented a recommended FY 2025–26 budget that uses new assessment growth to propose tax relief, a $1 million-per-year fire-apparatus fund, housing incentives, and additional capital projects; the board approved a $4,018,927 contract for the Bailey campus booster station and moved forward with a Route 58 RIFA.
County staff presented the recommended fiscal year 2025–26 budget and accompanying capital plan to the Mecklenburg County Board of Supervisors, outlining revenue growth tied to new real-estate assessments and data-center development, proposed tax policy reductions, and several new programs and capital requests.
Key budget figures and proposals - Recommended gross budget: $261,400,000; net budget after transfers: about $195 million. - Staff said new taxable real-estate and personal-property improvements provide a materially higher revenue base for FY 2025–26 and that sales-tax and building-permit revenues have exceeded prior projections. - Proposed tax-policy reductions included eliminating the county vehicle-registration (decal) fee (estimated $600,000 revenue reduction; $25…
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