Where does city gov’s money come from and where does it go?
City Manager Marcus Jones presented the City of Charlotte’s Fiscal Year 2018 (FY2018) proposed budget to Charlotte City Council and the public on May 1 to account for where the city government’s money for the next year will comes from and where it will go.
The citywide budget (General Fund plus all other operating and capital investment funds) totals nearly $2.4 billion. Charlotte City Council held a public hearing May 8, and will continue to meet on the budget, leading up to budget adoption, scheduled for June 12.
This budget reflects investment in neighborhoods, public safety and city employees to support City Council priorities that will make Charlotte the best place to live work, learn and play. Do you know where the money goes? Take a look below — for examples.
How does this year’s budget impact me as a Charlotte resident?
The proposed FY 2018 General Fund budget has no property tax rate increase for Charlotte residents.
The budget includes a 50¢ per month increase to the residential Solid Waste fee ($6 annual increase) due to increased tipping fees and contractual costs. The proposed budget also includes a $1.73 monthly increase to Charlotte Water customers. The total monthly fee impact to Charlotte residents is $2.23 per month.
What can I expect to see from the investments?
A Renewed Focus on Neighborhoods
Neighborhoods are a primary emphasis for the city’s budget. The city will seek to accomplish this by promoting comprehensive revitalization, fostering job growth and providing economic opportunities to all residents.
A total of $11.3 million will fund Community Investment Plan (CIP) FY 2018 infrastructure investments in neighborhoods, funding projects such as corridor studies and the neighborhood transportation program. Additional CIP investments include funding for code enforcement and Neighborhood Matching Grants.
Ensuring Safety & Trust
As Charlotte grows, public safety remains a top priority for the city. This year’s budget not only invests additional public safety resources, but also addresses building trust and accountability by continuing to fund the Charlotte-Mecklenburg Police Department (CMPD) and the Charlotte Fire Department (CFD) and their community engagement efforts.
The budget will add 62 sworn officers and 25 civilian positions to CMPD. For CFD, $0.9 million will go toward 18 firefighters for a second engine company at Fire Station 42, located in the Eastland Mall area. The CIP budget also includes funding for a new fire station at Clanton Road and Interstate 77. The city’s support of these departments helps prevent crime and foster safe neighborhoods.
Investing in Charlotte’s Future
To meet today’s needs as well as invest in our future, the Community Investment Plan (CIP) is a five-year capital and infrastructure plan, which matches the city’s highest priority capital needs with a financing schedule.
The plan totals $4.1 billion, and includes investments in neighborhoods, housing, storm water projects, roads, transit, sidewalks and bikeways, water and sewer projects, the airport, and public safety and maintenance facilities. The FY18 General Fund Community Investment Plan is $751.8 million.
Where can I go to learn more?
To learn more about the City of Charlotte’s FY 18 budget and to see its full impact on Charlotte’s residents, visit our Strategy and Budget website at http:charlottencgov/budget.