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Mint Hill board adopts $27.1 million general fund budget with no tax increase

Board of Commissioners for the Town of Mint Hill · July 16, 2024
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Summary

The Mint Hill Board of Commissioners approved the town manager's recommended FY2024–25 budget, including a $27,092,588 general fund, no tax-rate increase and capital projects for a public services facility and a community center.

The Town of Mint Hill Board of Commissioners approved the recommended fiscal year 2024–25 budget at its June 13 meeting, voting unanimously to adopt a spending plan that holds the town's tax rate steady.

Town manager Welch presented the manager's recommended budget, listing a $27,092,588 General Fund, a Powell Bill allocation of $869,000, a Stormwater Fund of $2,716,896, an ARPA fund at $2,325,000, and designated capital projects including $8,675,000 for a public services facility and $15,000,000 for a community center. Welch stated the proposal would not raise the property tax rate or the $10 vehicle fee. "Happy to answer any questions," Welch concluded after outlining the totals.

Commissioner Long moved to approve the budget "as submitted for fiscal year 2024 through 2025," and the motion was seconded. The board approved the budget by voice vote with no recorded opposition; the presiding officer stated the motion "passes unanimously." The transcript does not record individual roll-call votes.

Why it matters: the budget funds ongoing operations and several large capital projects the town identified as priorities while keeping tax rates unchanged. The capital allocations signal the board's near-term priorities: a public services facility and a new community center.

Budget highlights provided at the meeting include: - General Fund: $27,092,588 - Powell Bill Fund: $869,000 - Stormwater Fund: $2,716,896 - ARPA Fund: $2,325,000 - Capital projects (public services facility): $8,675,000 - Capital projects (bank community center): $15,000,000 - Tourism Fund: $396,200

Next steps: the board adopted the budget during the meeting and did not direct additional amendments on the record; staff indicated the budget documents are available to the public and will be posted on the town website.