Friday, June 10, 2011

County Budget Lowers the Tax Rate, Increases School, Park and Library Funding

With little change from their straw-vote decision last week, the
Mecklenburg Board of County Commissioners voted to adopt a $1.38
billion budget on Tuesday that gives more to education and libraries,
creates a fund to better manage debt, and provides for employee merit

The BOCC adopted the Fiscal Year 2012 budget at its regular meeting on
June 7, 2011, at the Charlotte-Mecklenburg Government Center. The
spending plan covers July 1, 2011 through June 30, 2012, and includes
a property tax rate decrease of almost 2 cents. The tax rate for the
total $1,385,005,882 budget is 81.66 cents per $100 of valued property.

The adopted budget includes several recommendations from County
Manager Harry L. Jones Sr., such as his proposal to give Charlotte-
Mecklenburg Schools an additional $26 million above the system's
current year allocation. Some new community nonprofit agencies
received funds this year because their program plans best fit the
County's focus on critical success factors such as high school
graduation and literacy. Charlotte Mecklenburg Library and Mecklenburg
Park and Recreation received additional funds this year after
significant cuts last year.

Another FY2012 budget approach change this year resulted in the County
no longer providing area hospitals with an indigent care subsidy
because, County officials say, the hospitals are in good financial
shape and can afford to pay for paying for that care on their own.

For additional details about the budget, visit
which is the County's official website.