Title:
Fiscal Year 2019-2020 Budget Ordinance Adoption
Summary
ACTION:
Adopt the Fiscal Year 2019-2020 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, 2019 through June 30, 2020 as required by the Local Government Budget and Fiscal Control Act. The Budget Ordinance results in a total budget of $1.99 billion and a property tax rate of 61.69 cents. It reflects the tax rate for the following Law Enforcement Service Districts: Charlotte = 17.81 cents; Cornelius= 13.32 cents; Davidson = 14.32 cents; Huntersville = 15.84 cents; Mint Hill = 15.58 cents; and Pineville at 16.37 cents. Also, the following reflects the tax rates for the fire service districts for the following Extra Territorial Jurisdictions (ETJs): Charlotte = 6.67 cents; Cornelius = 3.62 cents; Davidson = 6.50 cents; Huntersville = 4.10 cents; and, Mint Hill = 7.00 cents.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
FISCAL IMPACT: