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Charlotte City Council adopts Fiscal
Year 2020 budget
Action-oriented spending plan works to
ensure an equitable, sustainable and resilient Charlotte
CHARLOTTE,
N.C. (June 10, 2019) – On
Monday, Charlotte City Council adopted the $2.6 billion Fiscal Year 2020
Budget, which goes into effect on July 1.
The budget
enhances ongoing unification and efficiency efforts throughout City of
Charlotte government, under the goal of becoming a more collaborative,
responsive organization focused on providing high-quality services in a
cost-effective and accountable manner.
“Tonight, the
Charlotte City Council adopted a budget with no tax increase,” said Mayor Vi
Lyles. “City Manager Marcus Jones and Team Charlotte have created a citywide
budget that focuses on the people of Charlotte and keeps our city affordable,
while still fulfilling the needs of a growing city.”
The FY 2020
Budget includes actionable items that address five themes. These include:
Well-Managed
Government
- Adopting
a budget that aligns with City Council priorities, including neighborhood
development, transportation and planning, and economic development
- Remaining
structurally balanced with a $2.6 billion budget
- No
property tax increase for the fiscal year, with a revenue neutral rate of
34.81 cents per $100 assessed valuation
Recognition
of Team Charlotte
- Providing
a minimum pay increase of $2,080, or $1 per hour, for all general
employees earning less than $69,333 per year and who have a positive
performance review to help address upward mobility in the
organization
- Providing
a 3 percent combined pay increase for general employees earning more than
$69,333 and who have a positive performance review
- Providing
a 1.5 percent market adjustment and a step for public safety pay plan
employees
- No
increase in 2020 health insurance premiums for City of Charlotte employees
- Addressing
police department pay inequities through a 5 percent pay increase for all
sergeants and a 5 percent pay increase in top pay for police officers
through the Senior Police Officer Program
- Rewarding
firefighters through a 2.5 pay percent increase for all fire captains and
topstep engineers, and an increase in the city’s Firefighter 401k
contribution by 1 percent in January
Investments
in Our Neighborhoods
- Promoting
the creation and preservation of affordable housing by doubling the 2020
affordable housing bond allocation from $25 million to $50 million
- $7
million to be used primarily for Naturally Occurring Affordable Housing
(NOAH)
- Investing
$1.8 million in Charlotte’s Eastside and Westside neighborhoods
- $4.2
billion in capital investment over the next five years for aviation,
transit, water and stormwater projects
- Keeping
Charlotte clean with a $1 per month increase in the Solid Waste Services
fee, which will add two new crews and two new trucks to address demand,
and prepare our city for the future of waste collection and disposal
- Accelerating
training for police officers, with an additional $2 million to provide
multidisciplinary training
- Preserving
our natural environment with the implementation of the Strategic Energy
Action Plan
Enhanced
Opportunity for All
- Establishing
the Office of Equity, Mobility, and Immigrant Integration, which will
leverage existing resources to enhance access to government services and
economic opportunity
- Increasing
funding for the microgrant program from $100,000 to $500,000, creating
more opportunities for innovative ideas that will transform the community
- Investing
an additional $300,000 in Project PIECE 2.0, a program designed to provide
training and job placement which will result in increased upward mobility
- Providing
$1.5 million combined over two years to the Aging in Place Program, which
helps seniors stay in their homes
- Fostering
innovation with $2.1 million in economic development initiatives focusing
on small and minority-owned businesses, as well as new business creation,
innovation and entrepreneurship
Enhanced
Mobility, Accessibility and Connectivity
- Working
together with residents to create livable, unique spaces for Charlotte’s
residents with an additional $250,000 to the Placemaking Program
- Investing
$550,000 for Comprehensive Plan engagement and implementation, which will
help shape Charlotte’s future for decades to come
- Fully funding
the planned and designed segments of the Cross Charlotte Trail
To learn more
about these and other important initiatives of the adopted fiscal year 2019
budget, visit charlottenc.gov/budget
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The City of
Charlotte provides services to more than 860,000 residents. The city’s
priorities are economic development, neighborhood development, transportation
and planning, and well-managed government. For the latest news and updates
about city government, visit the citywide newsroom at newsroom.charlottenc.gov,
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