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Charlotte City Council adopts community-focused budget for fiscal year 2019
Spending plan highlights investments in public safety, neighborhoods and city workforce
CHARLOTTE, N.C. (June 11, 2018) – The City of Charlotte's budget for Fiscal Year 2019 enhances community safety, strengthens neighborhoods, recognizes the city's workforce and positions the city to be a leader in economic opportunity – all while capitalizing on opportunities for improved efficiencies and service delivery.
Charlotte City Council adopted the $2.6 billion spending plan, which goes into effect on July 1.
"I commend City Manager Marcus Jones and his team for creating a budget that supports our community and allows the city to grow in a sustainable, thoughtful way," said Mayor Vi Lyles. "Charlotte is already a place where people want to be, and our newly adopted budget ensures that continues for decades to come."
Visioning the city we want
Enhancing and strengthening city services benefits community members and also supports regional growth. Throughout the budget process, city staff identified $13.7 million in total savings through re-evaluated costs, identified savings in all general fund departments and consolidated internal services.
Team Charlotte already has exemplary talent, and investments included in the adopted budget will help recruit and retain public servants who strengthen the city. Under the new spending plan, salaried and hourly employees will receive 3 percent raises. Additionally, employees will pay no city health insurance premiums in August 2018, and health insurance premiums will not increase in 2019.
Investing in great neighborhoods
The city is committed to recruiting and retaining top-notch police officers and firefighters by improving starting pay and rewarding education and officer seniority. The FY 2019 budget includes $4.2 million to attract qualified police recruits and to retain trained personnel. An additional $1.4 million is included in the budget for pay adjustments for Charlotte Fire employees.
The budget also provides for the building of safe, connected communities through investments to enhance mobility, including a $15 million increase for the Sidewalk and Pedestrian Safety Program, $4 million for bicycle travel, and $2 million aimed at reducing the number of traffic fatalities and serious injuries through the Vision Zero initiative.
Building great neighborhoods through housing
Building great communities is a team effort.
The City of Charlotte's budget allocates an additional $35 million to the Affordable Housing Program, which increases the 2018 Housing Bond total to $50 million. This is the largest allocation in Charlotte's history. Team Charlotte will also work to capitalize on its investments in affordable housing and other areas by leveraging collaboration with its private sector and philanthropic partners.
Additionally, the budget includes a one-cent property tax increase that will result in $9.8 million of new revenue and help take Charlotte to the next level.
Progressing as a smart city
Doing business in Charlotte just got easier.
The budget invests in the creation of a development hub in the Charlotte-Mecklenburg Government Center. This one-stop shop is a collaborative space where developers can get project support without having to visit multiple offices.
The city is also investing $2 million for a Circular Economy Innovation Barn, a dynamic lab for re-purposed materials located in a building formerly used by Charlotte Fire Department to house horses.
To learn more about these and other important initiatives of the adopted fiscal year 2019 budget, visit charlottenc.gov/budget.
The City of Charlotte provides services to more than 850,000 residents. The city's focus areas are Housing and Neighborhood Development, Community Safety, Transportation, Economic Development and the Environment. For the latest news about city government, visit the Citywide Newsroom at newsroom.charlottenc.gov. From our website, you can sign up to receive email updates on city topics that interest you through the Notify Me service.