Title:
Fiscal Year 2018-2019 Budget Ordinance
Summary
ACTION:
Adopt the Fiscal Year 2018-2019 Mecklenburg County Budget Ordinance
Staff Contact: Michael A. Bryant, Management & Budget Director
Presentation: No
BACKGROUND/JUSTIFICATION:
Approval of the Budget Ordinance will adopt a balanced operating budget of expenditures and revenues for the period of July 1, 2018 through June 30, 2019 as required by the Local Government Budget and Fiscal Control Act. The Budget Ordinance results in a total budget of $1.73 billion and a property tax rate of 82.32 cents. It reflects the tax rate for the law enforcement service districts for Charlotte, Cornelius, Davdison, Huntersville, Mint Hill, and Pineville at 21.46 cents. Also, the following reflects the tax rates for the fire service districts for the following Extra Territorial Jurisdictions (ETJs): Charlotte = 8 cents; Cornelius = 5.7 cents; Davidson = 8.5 cents; Huntersville = 5 cents; and, Mint Hill = 8 cents.
PROCUREMENT BACKGROUND:
POLICY IMPACT:
FISCAL IMPACT: